TechFlow news, according to Spot On Chain monitoring, despite ETH price pulling back 8% in the last 24 hours, whales are still buying ETH.
1. A whale address starting with 0x435 spent 70 million USDC four hours ago to buy 23,790 ETH at an average price of approximately $2,942.
In the past 15 hours, after each significant dip, this whale has accumulated a total of 60,808 ETH (worth about $191 million) from Binance and DEX platforms.
The whale currently holds 85,931 ETH (worth about $278 million), with $136 million in USDT and USDC deposited in Aave.
2. cVault Finance: Deployer spent 6 million DAI four hours ago to buy 2,018 ETH at an average price of around $2,973. This address sold 12,070 ETH (worth about $31.06 million) on-chain in January, realizing a profit of $17.03 million (+101%).
