Whale Purchases Ethereum After Year-Long Hiatus

A significant Ethereum investor has made a notable transaction, according to Odaily. The investor, who previously acquired 11,004 ETH at an average price of $3.45 in 2016, resulting in a profit of $30.38 million, has returned to the market after a year. Approximately one hour ago, the investor purchased 647.137 ETH at an average price of $2,211.49, totaling $1.43 million. The address associated with this transaction still holds 14.19 million USDC available for use.