A certain whale/institution bought 18,557 ETH in the last 2 days at an average price of $3,451.
On July 19, according to on-chain data analyst Yu Jin's monitoring, a certain whale/institution spent 64.04 million USDT on-chain to buy 18,557 ETH in the last two days, at an average price of $3,451.
This whale/institution transferred 47.28 million USDT from Cryptocom, Cumberland, etc., to purchase ETH on-chain, and then mortgaged ETH to borrow 16.75 million USDT from Aave to continue buying ETH. Currently, this whale/institution holds 38,000 ETH (approximately 135 million USD).
So, can ETH break through its previous high this time?