Whale that made $3.7 million selling ETH in August returns and buys $20 million of ETH
- —The whale transferred 40 million USDC to Binance in the past hour
- —7,567 ETH worth $20 million has already been withdrawn from the exchange
- —In August, the same address booked a $3.7 million profit on an ETH sale
Why it matters: The return of a major player to ETH buying could signal recovering demand for the asset after a price rebound.
Source: PANews