Whale Acquires 6,228 ETH for 12.5M USDC at $2,007 Average

A whale address purchased 6,228 ETH with 12.5 million USDC at an average price of $2,007 about 14 hours ago, Lookonchain data show. The same whale had previously entered the market after the Oct. 11 crash, using 32.6 million USDC to buy 6,206 ETH valued at $22.6 million and 92 cbBTC worth $10 million. The earlier positioning led to a realized loss of $829,000 in November when the whale sold.