Whale buys 2,086 ETH in 15 hours, accumulating 9,058 ETH with $1.22 million profit
- —Bought 2,086 ETH for $5.42 million at an average of $2,599
- —Total accumulation of 9,058.19 ETH worth $22.57 million
- —Average entry price is $2,492.62, profit $1.22 million
- —Strategy: selling UBTC and buying ETH
Why it matters: Large on-chain ETH purchases signal accumulation at current levels and support demand.
Source: PANews