PANews July 19 news, according to on-chain analyst Yu Jin's monitoring, a giant whale/institution has purchased 18,557 ETH on-chain in the past two days using 64.04 million USDT, with an average price of $3,451. This giant whale/institution withdrew 47.28 million USDT from places like Cryptocom and Cumberland to purchase ETH on-chain, and then mortgaged ETH to borrow 16.75 million USDT from Aave to continue buying ETH. Currently, this giant whale/institution is believed to hold 38,000 ETH (worth $135 million).
