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Crypto

Ethereum Wallet Adds $807K in Record Purchase

Guavy AI Editorial Team
Instruments
ETH AAVE
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A wallet identified as 0xC1CdaA40c85d37B354BF8a016C90265241DF48b6 made a significant purchase of Ethereum (ETH) worth $807K, bringing its total ETH position to $32.41M at an average price of $2,671.25. This purchase occurred just four hours ago.

The wallet has been accumulating ETH since September 2, with the current total of 12,134.13 ETH. The recent addition of $807K ETH to Aave is a notable development in the Ethereum market.

At its current price of $2,705.78, Ethereum holds above two key support levels: the EMA50 at $2,679.72 and the EMA200 at $2,539.82. This bullish trend structure is accompanied by a MACD golden cross of 3.14.

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