Major Ethereum Purchase Amid ETH/BTC Rate Drop
10/25/2024 8:18:22 AM
According to EmberCN, the ETH/BTC rate dropped to 0.0368 today, prompting a trader known as 'ETH波段老哥' to re-enter the Ethereum market. The trader purchased 5,049 ETH at a price of $2,481, spending a total of 12.52 million USDT. Previously, on September 30, the trader bought 10,083.2 ETH at $2,660 per ETH, totaling $26.82 million. On October 14, they sold half of their ETH holdings at $2,515 per ETH but retained the remaining half. This recent activity indicates a strategic move to capitalize on the current market conditions. (Source)
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