Odaily Planet Daily reports, according to on-chain analyst Ai Yi, an address that had been dormant for eight months has become active, spending 5.044 million USDT in a single transaction via Tokenlon to purchase ETH 40 minutes ago. This address previously sold ETH nine months ago at a profit of approximately $3,016.
Address spends 5.045M USDT to accumulate ETH after 8-month hiatus
KuCoinFlashShare
Summary
An ETH news update reveals that a long-dormant address has become active again, spending 5.044 million USDT to purchase ETH via Tokenlon. The address previously sold ETH at $3,016 in late 2023. This ETH update signals a significant on-chain movement after nearly eight months of inactivity.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.