On-chain analyst Ai Yi flagged an address that withdrew stablecoins from Binance roughly an hour ago. The funds were then routed through Cowswap, where the address accumulated 3,877.67 ETH in multiple batches. The average buying price was $1,886.55. The entire ETH balance has since been moved to another address, according to ChainCatcher.

Address Buys 3,877.67 ETH via Cowswap at $1,886.55 After Binance Withdrawal
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News EditorAccording to ChainCatcher, on-chain analyst Ai Yi flagged an address that withdrew stablecoins from Binance about an hour ago. The address then used Cowswap to buy 3,877.67 ETH in several batches, at an average price of $1,886.55. Once the buying was completed, the full ETH position was moved to another address.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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