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.
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