In a recent report by COINOTAG News dated December 24th, OnchainLens monitoring has revealed substantial activity from the prominent crypto whale, pleven.eth. The whale successfully acquired 934 ETH at an average cost of $3,462, utilizing 3.23 million USDT. This strategic purchase underscores the whale’s continued investment in the Ethereum ecosystem, reflecting confidence in its market potential.
Notably, just five days prior, the same investor had purchased 134,433 LINK with 3.02 million USDT, later liquidating this position for 3.23 million USDT. This transaction culminated in a robust profit margin of approximately $214,000, showcasing the whale’s adept trading strategies in the volatile crypto market. Such transactions not only highlight the actions of significant players but also influence market sentiment, aligning closely with trends within the DeFi sector.