Entity Buys 6,214.58 ETH After Swapping UBTC for Ether

An entity that previously swapped UBTC for ETH has bought another 6,214.58 ETH. According to Odaily, the entity has accumulated more than $38.61 million in positions since September 18. Over the past 11 hours, the entity bought $16.03 million worth of ETH through five addresses using the same on-chain route at an average price of $2,580. It has now purchased a total of 15,272.77 ETH at an average cost of about $2,528.24, with unrealized gains of $2.115 million.