According to recent on-chain data shared by analyst Ai Auntie (@ai_9684xtpa), a significant whale transaction occurred involving the purchase of 6,037.24 ETH. The acquisition was executed approximately five hours ago at an average price point of $2,299 per ETH, amounting to a total investment of around $13.88 million. This sizeable purchase highlights continued institutional interest in Ethereum amid evolving market dynamics. Presently, the position reflects an unrealized gain of $690,000, underscoring the potential profitability of strategic accumulation during current price levels. Such on-chain movements are critical indicators for market participants seeking to gauge sentiment and liquidity flows within the cryptocurrency ecosystem.
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Source: https://en.coinotag.com/breakingnews/whale-purchases-6037-eth-worth-13-88m-at-2299-secures-690k-unrealized-profit/