A prominent Ethereum whale has expanded their holdings by purchasing an additional $50 million worth of ETH. The investor, who already possesses over $300 million in Ethereum, secured a $50 million USDT loan from Spark and transferred it to Wintermute for the acquisition. This whale has been exclusively swing trading Ethereum since late 2023, achieving a total profit of $100 million to date.
Ethereum Whale Acquires Additional $50M in ETH
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.