The activity in PulseChain and PulseX-related wallets, founded by Richart Heart, the producer of the altcoin HEX, which the US Securities and Exchange Commission (SEC) filed a lawsuit against for allegedly selling unregistered securities, continues.
PulseChain and PulseX, which have accelerated their Ethereum purchases in recent days, made another ETH purchase today.
According to Spot on Chian’s post, wallets linked to PulseChain and PulseX spent more than 201 million DAI to purchase 51,809 ETH in the last 10 hours.
With this large purchase, the price of ETH rose above $ 3,900.
“Wallets on PulseChain and PulseX spent more than 201 million DAI to purchase 51,809 ETH in the last 10 hours, pushing the ETH price above $3,900!
In the last 3 days alone, 21 wallets on PulseChain/X purchased 148,288 ETH at approximately $3,788 using 561.7 million DAI, currently generating $21.8 million (+3.9%).”
#PulseChain and #PulseX-related wallets spent 201M $DAI more to buy 51,809 $ETH in the past 10 hours, pushing the ETH price over $3,900!
In just the past 3 days, 21 wallets related to PulseChain/X have bought 148,288 $ETH using 561.7M $DAI at ~$3,788, now making $21.8M (+3.9%).… https://t.co/Q6kUmLPt0Z pic.twitter.com/3Bm6oyGWX2
— Spot On Chain (@spotonchain) March 8, 2024
Apart from PulseChain and PulseX, investors’ interest in ETH is also increasing. At this point, a smart trader who is making high returns on his ETH investments purchased 8,230 ETH 9 hours ago for 31.8 million USDC at approximately $3,864. In the past, this smart trader made 2 ETH transactions and made an estimated total profit of $13.36 million on these transactions.
*This is not investment advice.
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Source: https://en.bitcoinsistemi.com/altcoin-founder-in-case-with-sec-accelerated-his-purchases-purchased-561-million-in-the-last-3-days/