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Crypto

Ethereum Whale Drops $13 Million on 5,425 ETH in 30 Minutes

Guavy AI Editorial Team
Instruments
ETH USDT
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A large investor has made a significant on-chain purchase of Ether (ETH), buying over $13 million worth of the token in just 30 minutes.

According to on-chain analyst AmberCN, the whale investor used 13.55 million Tether (USDT) to acquire a total of 5,425 ETH during this time period.

This transaction is significant, as it demonstrates the large-scale buying activity in the Ethereum market. The amount spent by the investor is substantial and suggests that they are committed to accumulating Ether.

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