ChainCatcher message display, based on monitoring data from ARKM, the Trump cryptocurrency project WLFI has recently conducted a series of notable transactions on-chain. Specifically, the project exchanged 5 million USDC in batches for 1,325 ETH, with an average exchange price of $3,773.
This operation has attracted widespread attention in the market, as it may impact the price trend of ETH. Through on-chain data analysis, we can observe the timing of these transactions and the market reaction, providing investors with important market dynamic information.
Moreover, this event also reminds us to pay attention to the capital flow and strategy changes of cryptocurrency projects in order to better understand market trends.