Strategic Whale Acquisitions: Significant $ETH Purchase Activity
Approximately 8 hours ago, a prominent whale made a substantial investment of 70M USDC to acquire 23,790 #ETH at an opportune price of $2,942 per ETH, capitalizing on a market downturn.
This purchase marks part of a larger trend, with the whale having acquired a total of 85,931 ETH ($278.5M) from both Binance and decentralized exchanges over the past week. Notably, the average buying price for these acquisitions stands at $3,241 per ETH.
With a remaining pool of $136M in #stablecoins , there's potential for further acquisitions of ETH by this whale in the near future.
Address: 0x43594da5d6A03b2137a04DF5685805C676dEf7cB
