BREAKING
288d 17h ago

Whale Investor Acquires 12,637.8 ETH with $33 Million in USDT Amidst Bullish Sentiment

ETH

ETH/USDT

$1,972.59
-4.43%
24h Volume

$15,410,850,412.85

24h H/L

$2,099.36 / $1,966.24

Change: $133.12 (6.77%)

Long/Short
73.0%
Long: 73.0%Short: 27.0%
Funding Rate

-0.0068%

Shorts pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$1,972.80

-4.83%

Volume (24h): -

Resistance Levels
Resistance 3$2,397.06
Resistance 2$2,113.36
Resistance 1$2,009.57
Price$1,972.80
Support 1$1,941.56
Support 2$1,832.88
Support 3$1,747.33
Pivot (PP):$2,010.79
Trend:Downtrend
RSI (14):44.1

On May 28th, COINOTAG reported a significant transaction involving a prominent institutional investor. Recent on-chain analytics from expert Yu Jin reveal that this entity has acquired an impressive 10 million USDT in Ethereum (ETH) just four hours ago. This latest investment is part of a larger trend, as the investor has leveraged a total of 33 million USDT over the past two days, purchasing approximately 12,637.8 ETH at an average price point of $2,611 on the Binance platform. The investor’s current ETH holdings have surged to an impressive 137,400 ETH, translating to a market valuation close to $363 million. This strategic accumulation underscores the growing interest from institutional players in securing substantial positions within the cryptocurrency market.

Share News:
Don't Miss Breaking News