Ethereum Whale Adds $28 Million in Coin Purchases
A large ETH holder, tracked by on-chain analyst Ai Yi, made a significant purchase in the past seven hours.
The entity, which has three associated addresses, bought 13,300 ETH at an average price of $2,098.43, resulting in a total value of $27.93 million.
This transaction brings their total ETH holdings to 15,718, valued at approximately $35.65 million.
The funds for this entity originated from Tornado, a cryptocurrency mixer, after they received ETH in batches and sold them for stablecoins about 11 months ago.