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A whale spent 2,000 ETH to buy 2.095 million OP 5 hours ago

A whale spent 2,000 ETH to buy 2.095 million OP 5 hours ago

CointimeCointime2024/05/03 01:55
By:Cointime

According to the analysis of on-chain analyst Yu Jin, as reported by Jinse Finance, after the news that a16z had purchased 19.5 million OP from the Optimism Foundation in early March, the price of OP rebounded from $2.3 to $3. 5 hours ago, a whale who had previously made a profit of $20.8 million on ETH and LINK investments purchased 2.095 million OP (worth $5.98 million) with 2,000 ETH at an average price of $2.85. The whale also holds 29,784 ETH (worth $89.71 million) through two other addresses.

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