According to on-chain analyst Ai Yi (@ai_9684xtpa), four whale addresses belonging to the same entity awoke simultaneously after six months of inactivity. They purchased 13,290.6 ETH (approximately $33.37 million) at an average price of $2,511 via Cowswap, and used the cross-chain intent protocol Near Intents to spend 2,500 ETH to acquire 6,601.37 ZEC (approximately $8.21 million), paying a service fee of up to 16.75 ETH (approximately $42,000). Purchases are still ongoing.
Dormant whale address buys $33.37M ETH and $8.21M ZEC after six months of inactivity
TechFlowShare
Summary
A major whale address has reactivated after six months, purchasing 13,290.6 ETH ($33.37 million) on Cowswap at an average ETH price of $2,511. The same entity spent 2,500 ETH to acquire 6,601.37 ZEC ($8.21 million) via Near Intents, paying 16.75 ETH in fees. ETH analysis indicates ongoing accumulation as the buying spree continues.
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