A whale bought 8,733 ETH before the Ethereum spot ETF was approved, making a profit of about US$6 million
ChainCatcher news, according to Lookonchain monitoring, before the release of the Ethereum spot ETF news (the U.S. Securities and Exchange Commission approved Form 19b-4 for multiple Ethereum spot ETFs), a whale spent 26.67 million USDT to purchase at an average price of $3,054.56. 8,733 ETH were purchased, with an unrealized profit of approximately US$6 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
How Ethereum Aims to Simplify Its Blockchain for Users
Central Banks Surge Gold Reserves Amid U.S. Debt Concerns
Watch Out: 18 Altcoins Have Massive Token Unlocks in the New Week – Supply in One Altcoin Will Nearly Double! Here’s a Day-by-Day, Hour-by-Hour List
The cryptocurrency market is preparing for large amounts of token unlocks in many altcoins in the new week.