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User Buys $17.8M Worth of Ethereum in Under an Hour

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A significant Ethereum purchase has been recorded on the blockchain, according to chaincatcher. A user bought 9,046.17 ETH over a 50-minute period for an average price of $1,968 per coin, totaling $17.8 million.

The transaction was monitored by Ai, a blockchain analyst, who noticed that the user then transferred the tokens in batches to another address.

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