Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Data: Multiple whales bought ETH during the period of significant price increase in ETH

Data: Multiple whales bought ETH during the period of significant price increase in ETH

Bitget2024/05/21 00:58

According to on-chain analyst EmberCN, the price of ETH has risen by 18% in the past 5 hours.

During this period, several on-chain whales have been buying ETH:

ETH/BTC rate is heavily bullish: James Fickel, founder of Amaranth Foundation, continues to borrow 350 WBTC (25 million USD) from Aave and sell it for 43,784 ETH.

3 hours ago, a whale who had previously profited $20.8 million from investments in ETH and LINK borrowed $10 million USDC from Aave and then bought 2836.5 stETH at a price of $3525 each.

4 hours ago, the whale with address starting with "0x67c" deposited 6400 ETH into Aave as collateral to borrow 15 million USDC and then bought another 4344 ETH at a price of $3453 each.

1

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!