Giant Whale Continuously Borrowing Millions of Dollars to Purchase Large Amounts of Ethereum
Publication Time:2024-08-13 15:41:07
Golden Finance reports that a large cryptocurrency investor has shown unique investment strategies amidst market fluctuations. Starting from August 11th, this giant whale began taking action, accumulating 6.6 million DAI, 2.7 million USDT, and 2.5 million USDC, totaling $11.8 million. This amount was used to purchase 4,459 Ethereum (ETH) at an average price of $2,646 each. These operations took place after the market collapse, indicating the investor's optimism about the future value of Ethereum. By borrowing funds for large-scale purchases, this giant whale demonstrated its bold decisions in market turmoil and its deep understanding of the cryptocurrency market.
Ethereum
Cryptocurrency
stablecoin
Major Investors
Borrowed Funds