Lookonchain said a whale spent about $62.97 million over the past five hours to buy 27,553 ETH at an average price of $2,286. The monitoring account also said the same address had previously used 37.96 million USDC within two hours to purchase 16,658 ETH, with an average entry price of $2,279. The activity points to continued large-scale accumulation by the address across multiple transactions tracked on-chain. ChainCatcher cited the data in a brief market update.
ChainCatcher reported, citing Lookonchain, that a whale spent about $62.97 million over the past five hours to buy 27,553 ETH at an average price of $2,286.
Lookonchain had previously said that the address used 37.96 million USDC within two hours to purchase 16,658 ETH, with an average price of $2,279.
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