A large investor, known as a whale, recently made a significant purchase on the chain.
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About 15 hours ago, they spent 14.24 million DAI to acquire 4,177 ETH at a price of $3,410 per ETH. This comes after a previous investment where the whale spent 6.79 million DAI to purchase 4,201 ETH at $1,617 per ETH between July and October last year. The investor later sold this ETH for 14.24 million DAI on March 1st this year, realizing a profit of $7.44M, or a 109% return. Despite this, the whale remains bullish on ETH, as evidenced by their recent purchase using the same 14.24 million DAI to acquire more ETH. The transaction details can be found at the address: 0x5e90387025235d07576f80c76b3e57ec96547ec4.
