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TechFlow, June 14 — According to on-chain analyst EJ, one hour ago, the whale/institution that previously made $30.45 million from two $ETH swing trades spent another 10 million USDC to purchase 3,875 ETH. Over the past three days, they have cumulatively spent 186 million USDC to acquire 70,465 ETH at an average price of $2,647.7. They still hold as much as 150 million USDC, "meaning if they wish to buy more, substantial funds remain available."
According to on-chain analyst Eshen, one hour ago, the whale/institution that previously made $30.45 million from two $ETH swing trades spent another 10 million USDC to purchase 3,875 ETH. Over the past three days, they have cumulatively spent 186 million USDC to buy 70,465 ETH at an average price of $2,647.7. They still hold as much as 150 million USDC, meaning they have substantial funds available if they choose to buy more.
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