Odaily reported that, according to monitoring by on-chain analyst Ai Yi, a swing whale has increased its ETH position again after a gap of about half a month. The monitored transaction showed that, three hours earlier, the address spent 10 million USDe to purchase 5,817.33 ETH, with an average entry price of $1,718.88.
Total ETH Position Building Since 05.18 Reaches $30.6 Million
Ai Yi’s data also showed that since 05.18, the same swing whale has put a cumulative $30.6 million into building an ETH position. After this latest purchase using 10 million USDe, the scale of the address’s ETH accumulation has far exceeded the amount involved in its previous swing trades.
In on-chain reporting, the term “whale” generally refers to an address with a large holding or transaction size, while “swing whale” describes an address whose activity is associated with staged buying and selling. The disclosed information centers on this address’s renewed ETH accumulation, the size of the latest USDe-funded purchase, and the cumulative amount deployed since 05.18.