A whale bought 4862.95 ETH in two transactions on the chain, with a total value of 12.49 million US dollars

By: odaily.com|2025/07/07 07:36:23

Odaily News According to Ai Yi, an analyst on the chain, the whale 0x160...a1cC2 bought 4,862.95 ETH in two transactions on the chain, with a total value of $12.49 million and a cost of $2,569. The source address of its funds had directly exchanged 411 BTC for 17,651.18 ETH (about $46.05 million) through ThorChain on May 21 and May 22. At that time, the cost of ETH was $2,609.14, and then it decisively sold it when ETH rose, making a profit of $104,000.

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