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Crypto Whale Buys 15,216 Ether for 34.69 Million USDC Following Earlier Accumulation

Large-scale cryptocurrency whale accumulation continued as an address purchased 15,216 Ether for approximately 34.69 million USDC at an average price of roughly $2,279 per token. The capital used in the transaction originated from funds withdrawn from Kraken earlier that morning. This purchase follows an acquisition days earlier on October 30, when another large wallet bought 7,703.2 ETH for 17.24 million USDC at an average price of $2,237.60. That same entity had also withdrawn 1,671 ETH from centralized exchanges approximately two weeks prior.

Category

Ethereum

Sentiment

Bullish

Event

Analyst flows

Reading time

1 min