A whale that moved $40 million in USDC to Binance to buy Ether has now completed the purchase, according to monitoring data cited by ChainCatcher from EmberCN. The transfer was first flagged yesterday, and the full conversion into ETH was finished two hours before the report was published.
The tracked wallet used the entire $40 million USDC position to acquire 14,783 ETH. The reported execution price was $2,706 per ETH. No other transaction details were provided in the source report.
The update focuses on the completion of the whale’s buying activity after the earlier fund transfer into Binance. The figures cited in the report are limited to the transferred amount, the amount of ETH acquired, and the stated purchase price.
A whale that transferred $40 million in USD Coin (USDC) to Binance to buy Ether (ETH) has completed the purchase, according to monitoring data from EmberCN cited by ChainCatcher.
The report said the buying was completed two hours earlier. In total, the whale converted the full $40 million USDC into 14,783 ETH at a reported price of $2,706.
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