A user/institution spent $16.95 million to buy 5,678 ETH an hour ago, with an average price of $29.857 million.

Odaily Planet Daily reports that on-chain analyst Ai Yi monitored that two addresses (0x074…B748 and 0x72D…8473) belonging to the same individual or organization purchased 5,678 ETH on-chain at an average price of $2,985.7 within the past hour, with a total expenditure of $16.95 million. The entity invested $14.97 million during the most recent wave from December 3 to December 12, ultimately making a profit of $137,000.

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