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Whale spent 186 million USDC to acquire 70,000 ETH within 3 days, showing strong bullish signals.
Recently, an on-chain Whale has caught the market's attention. According to on-chain data, this investor, who has repeatedly profited from Ethereum trades, has invested another 10 million USDC in the last hour, purchasing 3,875 ETH.
This is not the first large-scale operation for this investor. Over the past three days, this Whale has cumulatively invested 186 million USDC, purchasing a total of 70,465 ETH at an average purchase price of approximately 2,647.7 USD.
It is worth noting that even after such a large-scale transaction, the investor still holds a balance of approximately 150 million USDC in their account. This series of operations not only demonstrates the investor's strong confidence in the Ethereum market but also sparked numerous speculations in the market about the future price trends of ETH.
This investor previously profited $30.45 million through two ETH swing trades, demonstrating exceptional market insight and trading skills. Their latest large buy actions will undoubtedly have some impact on the current cryptocurrency market and provide other investors with noteworthy market signals to follow.