On-chain analyst says one entity bought another 3,385.82 ETH

On-chain analyst says one entity bought another 3,385.82 ETH

N
News Editor
2026-08-21 01:26:47
An on-chain analyst tracking wallet activity said a single entity has added another 3,385.82 ETH to its position. Since yesterday, the same entity has accumulated 16,699.32 ETH through CowSwap, with the total purchase value exceeding $35.84 million. The reported average cost stands at $2,146.42 per ETH, and the position is currently showing a profit of $3.335 million. The analyst also said the funds used for the purchases came from a mixer. No additional identity details about the buyer were disclosed in the update. The latest transaction adds to a series of buys observed since yesterday, according to the monitoring data cited by ChainCatcher.

ChainCatcher reported that, according to monitoring by an on-chain analyst, one entity bought another 3,385.82 ETH.

Since yesterday, that entity has accumulated 16,699.32 ETH through CowSwap. The total value of those purchases exceeds $35.84 million, with an average cost of $2,146.42. The position is currently up $3.335 million. The funds came from a mixer.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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