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
Macroeconomic Interpretation: Powell's "Driving in the Fog" and the Financial "Hunger Games"
The article discusses the uncertainty in the global economy under the Federal Reserve's policies, particularly Powell's "hawkish rate cuts" and their impact on the market. It analyzes market distortions driven by liquidity, the capital expenditure risks of the AI investment boom, and the loss of trust caused by policy centralization. Finally, the article provides updates on macroeconomic indicators and market trends. Summary generated by Mars AI. This summary is generated by the Mars AI model, and the accuracy and completeness of its content are still in the process of iterative improvement.
Ethereum : JPMorgan signs a strategic $102M investment
Meta reportedly earned about $16 billion in 2024 from a massive amount of scam ads
Trending news
MoreCrypto prices
More
