ChainCatcher report: According to on-chain analyst Ember (@EmberCN), the whale nemorino.eth purchased 7,908.3 ETH at an average price of $2,113, totaling $16.71 million in USDC. The transaction was executed as follows: first, using $11.71 million of their own USDC to buy 5,535.6 ETH, then depositing that ETH as collateral into Spark to borrow 5 million DAI, followed by purchasing an additional 2,372.7 ETH.
Whale nemorino.eth buys 7,908.3 ETH at an average price of $2,113
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Summary
A whale under the address nemorino.eth recently purchased 7,908.3 ETH at an average price of $2,113 per ETH, totaling $16.71 million USDC. The whale first spent $11.71 million USDC to acquire 5,535.6 ETH, then deposited it on Spark to borrow 5 million DAI, which was used to purchase an additional 2,372.7 ETH. This move reflects continued interest in ETH accumulation from large holders.
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