TechFlow reports, according to Spot On Chain monitoring, whales are purchasing $ETH on-chain. Two whales spent $35.11 million to buy 10,322 $ETH in the past 14 hours, including:
1. Within the past 9 hours, eight wallets (likely one entity) spent $20.86 million USDT to purchase 6,145 $ETH at a price of approximately $3,395.
2. Fourteen hours ago, whale 0x5e9 spent $14.25 million DAI to purchase 4,178 $ETH at a price of approximately $3,410.
Notably, whale 0x5e9 has previously realized a total profit of $7.48 million from one ETH transaction and one WBTC transaction.
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