According to BlockBeats, on August 15, an on-chain analyst known as Ai Yi reported that a particular address spent 8.264 million USDC to purchase 1,778.7 WETH, with an average cost of $4,646.4 per WETH. Since the beginning of August, this address has engaged in two trading cycles, resulting in a total profit of $930,000, with one successful trade and one unsuccessful trade.

#USDC