Four wallets linked to the same entity or whale became active at the same time after six months of dormancy, according to on-chain analyst Ai Yi (@ai_9684xtpa), cited by BlockBeats on Sept. 9. The wallets have been accumulating both Ether and Zcash.
The entity bought 13,290.6 ETH through Cowswap at an average price of $2,511, the monitoring data showed. It also used Near Intents, a cross-chain intent protocol, to spend 2,500 ETH on 6,601.37 ZEC. Ai Yi said the buyer had already paid 16.75 ETH in service fees for the ZEC purchase, equal to about $42,000.
The buying has not stopped yet, based on the analyst’s update. The activity centers on four addresses that were previously inactive for half a year before moving at the same time.
Four wallets tied to the same entity or whale turned active at the same time after six months of dormancy and began building positions in ETH and ZEC, according to on-chain analyst Ai Yi (@ai_9684xtpa) in a Sept. 9 update cited by BlockBeats.
The wallets bought 13,290.6 ETH through Cowswap at an average price of $2,511. They also spent 2,500 ETH through Near Intents, a cross-chain intent protocol, to acquire 6,601.37 ZEC.
Ai Yi said the buyer had already paid 16.75 ETH in service fees for the ZEC purchase, or about $42,000. The accumulation was still ongoing at the time of the update.
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