Ethereum Whale Spends 16.08M DAI to Acquire 5,343 ETH at $3,010, Still Holds 55M DAI

COINOTAG News, reporting as of November 27, cites Onchain Lens data showing a whale deploying 12.82 million DAI to buy 4,234 ETH, underscoring ongoing stablecoin-driven accumulation. This wallet’s activity lifts total DAI outlays to 16.08 million, purchasing 5,343 ETH at a stated entry price of about $3,010 per ETH, with approximately 55 million DAI remaining idle.

Such on-chain activity highlights the role of DAI as a liquidity anchor for ETH accumulation, per the latest market data. Readers should monitor this whale’s position as it contributes to near-term liquidity trends and may inform market participants about large-position management.