On-chain whale 0x65b4 acquired 6,228 ETH for 12.5 million USDC at approximately $2,007 per token, according to blockchain data. The purchase marks another attempt by the trader to accumulate ETH at lower prices. The same wallet previously deployed 32.58 million USDC to buy ETH and BTC following market volatility last October, but sold the position in November and realized an $830,000 loss on that trade.
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