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COINOTAG News on September 13 cited on-chain analyst Wu Jinyan, reporting that within a 30-minute window an address linked to the Coinbase incident executed a conversion of 18.91 million DAI to acquire 3,976 ETH, at an average purchase price of $4,756 per ETH.
On-chain data shows a concentrated swap from stablecoin to Ether; such flows are routinely monitored by trading desks and compliance teams for potential market and custody implications. All figures are based on blockchain records as reported by COINOTAG and on-chain analytics, without attribution beyond the cited monitoring source.
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| COINOTAG recommends • Members‑only research |
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| Repeatable rules, realistic expectations, and a calmer mindset. |
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| COINOTAG recommends • Members‑only research |
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| Wait for confirmation and manage risk with checklists. |
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| COINOTAG recommends • Members‑only research |
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| COINOTAG recommends • Members‑only research |
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