The whale bought more than 85,000 ETH in three consecutive rounds, with a floating loss of about US$9.4 million

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PANews
06-18
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PANews reported on June 18 that according to Ember tracking, an institutional address started its third round of ETH accumulation on June 11. As of today, it has spent $223 million USDC to purchase 85,465 ETH, with an average price of $2,617.7. The latest transaction was 7 hours ago, buying 15,000 ETH at $2,477. Currently, the address has an unrealized loss of about $9.4 million and still has $113 million USDC available, which may continue to be used for further accumulation.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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