A recent analysis by Ai 姨, a chain monitoring expert at ChainCatcher, has uncovered a significant Ethereum (ETH) purchase totaling $17.15 million. Over the past nine hours, four new addresses have exchanged their UBTC for USDC as collateral funding, then used it to buy 6,972 ETH at an average price of $2,460.69 on-chain. The entire amount was subsequently deposited into Lido.
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