On July 19, according to on-chain data analyst Ember, a certain whale/institution spent 64.04 million $USDT to purchase 18,557 $ETH on the chain in the last two days, with an average price of $3,451.
The whale/institution withdrew 47.28 million $USDT from Cryptocom, Cumberland, etc. to the chain to purchase $ETH, and then mortgaged $ETH to borrow 16.75 million $USDT from $Aave to continue purchasing ETH. Currently, this whale/institution holds 38,000 $ETH (approximately $135.00 million).
[BlockBeats]On July 19, according to on-chain data analyst Ember, a certain whale/institution spent 64.04 million USDT to purchase 18,557 ETH on the chain in the last two days, with an average price of $3,451.
The whale/institution withdrew 47.28 million USDT from Cryptocom, Cumberland, etc. to the chain to purchase ETH, and then mortgaged ETH to borrow 16.75 million USDT from Aave to continue purchasing ETH. Currently, this whale/institution holds 38,000 ETH (approximately $135.00 million).
[BlockBeats]