BlockBeats reported on August 12 that a newly created wallet bought around $7.31 million in ETH within just one hour. The finding came from on-chain analyst Ai Yi (@ai_9684xtpa). The wallet, identified as 0x856…3cD9F, initially withdrew stablecoins from Binance about an hour before the purchase. It then used CowSwap to buy ETH in batches, totaling 3,877.67 ETH. The average purchase price was $1,886.55 per token. After the buying was complete, the address transferred all of the ETH to another address, 0xC32…D64f9. That transfer was also identified through on-chain monitoring. The entire sequence, from the stablecoin withdrawal to the final transfer, took place within a roughly one-hour window, according to the data presented. No further details about the entity behind the wallet or its intentions were included in the report. In short, the on-chain trail shows a withdrawal from Binance, a purchase through CowSwap, and a final transfer to a fresh address. The monitoring data was shared publicly by Ai Yi, and BlockBeats passed on the information.
On August 12, on-chain analyst Ai Yi (@ai_9684xtpa) tracked a newly created wallet that bought roughly $7.31 million in ETH within a single hour. BlockBeats reported the data.
The address 0x856…3cD9F first withdrew stablecoins from Binance, then used CowSwap to buy 3,877.67 ETH in several batches. The average price was $1,886.55 per ETH. After the buying was done, the wallet transferred its entire ETH balance to another address, 0xC32…D64f9.
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