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Recently, the Ethereum market has seen remarkable large-scale trading activity. According to blockchain data analysis, a major investor has made significant purchases of Ether (ETH) within just 5 days.
The actions of this investor are quite eye-catching. In the recent 4 hours, the investor received 7487 ETH from a trading platform, valued at approximately 28.15 million USD. Subsequently, he employed a leverage strategy, mortgaging these ETH on the Aave platform to borrow 7.5 million USDT stablecoins, which were immediately used to purchase an additional 1989 ETH.
Further data shows that this is not an isolated incident. Over the past 5 days, the investor has purchased a total of 32,953 ETH, with a total value of up to $117 million, at an average purchase price of $3,552. Of the purchased ETH, 11,003 (worth $40.53 million) were directly transferred from the trading platform, while the remaining 21,950 ETH were acquired through on-chain payments of $76.54 million.
Currently, the investor's ETH holdings have reached an astonishing 56,000, with a total value of approximately $211 million based on the current market price. This series of large-scale purchases has attracted widespread attention in the market, and many analysts believe this may indicate that institutional investors' confidence in the future development of Ethereum is strengthening.
However, some experts remind that although the buying behavior of large holders is often seen as a signal of optimism for the market, individual investors should still be cautious and make decisions based on their own risk tolerance and investment goals. The high volatility of the cryptocurrency market remains a risk factor that cannot be ignored.