Whale Purchases $20.8 Million in WBTC and ETH After Borrowing $30 Million
CryptoNewsTerminal Staff21 May, 2024
Whale Purchases $20.8 Million in WBTC and ETH After Borrowing $30 Million
This mysterious whale purchased 207.1 WBTC with 15M USDC, and 4,055.8 ETH with the other 15M USDC, according to a tweet by on-chain crypto analyst EmberCN. Since May 3rd, this whale has totally bought $71M worth of WBTC, ETH, and OP. - 2.095M OP ($5.98M) at an average price of $2.85 on May 3rd - 595.3 WBTC at an average price of $67,193 with a total cost of $40M USDC from May 14 to now - 6,892 ETH at an average price of $3,627 with $25M USDC this morning It's important to note that the identity of this whale is unknown. However, their recent trading activity suggests that they are bullish on the cryptocurrency market. It will be interesting to see what their next move will be.
