An on-chain transaction involving the purchase of 2,737 ETH for $12.02 million USDC resulted in slippage, raising the transaction price by approximately $20 per ETH. The purchase was executed at $4,391 per ETH, while the prevailing market price was $4,370. This discrepancy was reported by on-chain analyst Ember, highlighting the impact of large transactions on price slippage.
Large ETH Purchase Causes $20 Slippage in On-Chain Transaction
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