BlockBeats News, May 27th, according to EmberCN monitoring, a whale or institution has spent $23 million from 4 addresses in the past day to buy 8,846.5 ETH at an average price of $2,600.
The whale or institution currently holds a staggering 133,600 ETH, valued at approximately $357.83 million. The funds used for the recent ETH purchase were borrowed on Aave by collateralizing ETH, indicating leverage being used for the acquisition.