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Dormant address buys $5.4m of ETH at $2,113.46, analyst says

NewsFeeds update

An address dormant for a year bought $5.4m of ETH in a single trade about five hours earlier at an average cost of $2,113.46, on-chain analyst Ai Yi said. The address received 5.4m USDT the previous day; the funds had sat in a wallet since being withdrawn from several exchanges three years ago, when ETH was around $1,500.

EthereumOdailyAIBullish

Read the original on Odaily

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Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Not investment advice.