CoinVoice has recently learned that according to on-chain analyst Ember’s monitoring, the price of ETH has risen by 18% in 5 hours.
During this period, multiple on-chain whales were buying ETH:
ETH/BTC exchange rate die-hard bulls: James Fickel, founder of Amaranth Foundation, continued to borrow 350 WBTC (US$25 million) from Aave and sold them in exchange for 43,784 ETH.
3 hours ago, a whale who had made a profit of $20.8 million on ETH and LINK investments borrowed 10 million USDC from Aave and then purchased 2,836.5 stETH at a price of $3,525.
4 hours ago, 0x67c whale deposited 6,400 ETH into Aave as collateral to borrow 15 million USDC and then purchased 4,344 ETH at a price of $3,453. [Original link]