A wallet that had been inactive for eight months has re-entered the market with a large Ether purchase, according to monitoring cited by Odaily. On-chain analyst Ai Yi said the address woke up after its long dormancy and, 40 minutes before the report, used Tokenlon to make a single ETH purchase worth 5.044 million USDT. The activity stands out not only for its size but also because the same address had previously exited an ETH position around nine months ago. At that time, it reportedly took profit on Ether at roughly $3,016. The latest move indicates the address has returned to ETH exposure through a sizable one-off transaction executed on Tokenlon.
A wallet that had been dormant for eight months has become active again and spent 5.044 million USDT in a single transaction to buy ETH through Tokenlon, according to Odaily, citing on-chain analyst Ai Yi.
The analyst also said the same address had taken profit on ETH about nine months ago at roughly $3,016.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
