BlockBeats News, September 25, according to Ashes Monitor, the whale address 0x1fc...ed5 just made a big move with ETH: in the past hour, they bought 21,597 ETH (USD 87.86 million) at an average price of USD 4,068.
This address withdrew 2,400 ETH (USD 10 million) from Binance last night, and with ETH continuing to fall today, they decided to bottom-fish ETH an hour ago:
They redeemed all the approximately USD 87.86 million of stablecoins (USDC, USDe, USDf, etc.) that were in the address's Pendle yield farming position to buy 21,597 ETH.
In other words, in the past 15 hours, they actually bought a total of 23,997 ETH (USD 96.36 million) at an average price of USD 4,078.