Ethereum Whale Reawakens: Buys 1,110 ETH With 3.25M DAI at $2,933 Avg After 3 Months Dormant

COINOTAG News, citing Onchain Lens data, notes that a dormant whale re-emerged after a three-month lull to deploy 3.25 million DAI to acquire about 1,110 ETH at an average price near $2,933 per unit. The move follows a period of dormancy observed by on-chain trackers, reflecting a shift in the address’s liquidity posture.

Earlier, the same entity banked roughly $66.52 million by selling 15,575 ETH at an average of $4,270, according to the same source. The address continues to hold around 67.8 million DAI, indicating ample dry powder to fund further Ethereum purchases, underscoring the active liquidity dynamics in the crypto market.