Whale Makes Significant Ethereum Purchases Amid Market Activity

According to BlockBeats, recent data from Lookonchain reveals that a cryptocurrency whale, identified by the address 0x7055, has made substantial Ethereum purchases. Four hours ago, the whale borrowed 10 million USDC from Aave and used it to acquire 4,170 ETH at a price of $2,400 each. Earlier, on June 12, the same whale spent 86.79 million USDC to purchase 31,458 ETH at a price of $2,759 per ETH. These transactions highlight significant activity in the Ethereum market, reflecting ongoing interest and investment in the cryptocurrency.