The post New Address Spends 6.18 Million DAI to Acquire 2,477 ETH in Potential Swing Trade appeared on BitcoinEthereumNews.com.

On July 1st, blockchain analyst Ai Yi (@ai_9684xtpa) reported a significant transaction involving the purchase of 2,477 ETH using 6.18 million Dai. The acquisition, executed by the address 0x521, occurred approximately three hours prior to the report, with an average cost basis of $2,496.22 per ETH. This sizable move suggests strategic swing trading activity within the Ethereum market. Such transactions highlight the ongoing liquidity and dynamic trading behaviors in the decentralized finance ecosystem, emphasizing the importance of monitoring large-scale wallet movements for market insights. ‘, ‘ 🔒 Secure and Fast TransactionsDiversify your investments with a wide range of coins. Join now! ‘, ‘ 💎 The Easiest Way to Invest in CryptoDont wait to get started. Click now and discover the advantages! ‘ ]; var adplace = document.getElementById(“ads-binance”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex; adplace.innerHTML = adscodesBinance[adsindex]; sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBinance”, sessperindex); } })(); Source: https://en.coinotag.com/breakingnews/new-address-spends-6-18-million-dai-to-acquire-2477-eth-in-potential-swing-trade/

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Filed under: News - @ July 1, 2025 5:28 am