Data: Multiple whales bought ETH during the period of significant price increase in ETH
According to on-chain analyst EmberCN, the price of ETH has risen by 18% in the past 5 hours.
During this period, several on-chain whales have been buying ETH:
ETH/BTC rate is heavily bullish: James Fickel, founder of Amaranth Foundation, continues to borrow 350 WBTC (25 million USD) from Aave and sell it for 43,784 ETH.
3 hours ago, a whale who had previously profited $20.8 million from investments in ETH and LINK borrowed $10 million USDC from Aave and then bought 2836.5 stETH at a price of $3525 each.
4 hours ago, the whale with address starting with "0x67c" deposited 6400 ETH into Aave as collateral to borrow 15 million USDC and then bought another 4344 ETH at a price of $3453 each.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BNB Treasury company CEA Industries appoints digital asset expert Annemarie Tierney as director
Turkmenistan passes crypto asset regulation bill, to take effect on January 1 next year
CME: BrokerTec U.S. active markets have resumed trading
CME: All markets remain suspended except for the BrokerTec EU market