A certain whale purchased 2.095 million OP using 2000 ETH five hours ago, and still holds 29,784 ETH
PANews reported on May 3rd, according to on-chain analyst Yu Jin's monitoring, 5 hours ago, a whale who had previously profited $20.8 million from investments in ETH and LINK used 2000 ETH to purchase 2.095 million OP (approximately $5.98 million), at an average price of $2.85.
After the news that a16z had purchased 19.5 million OP from the Optimism Foundation in early March was released, the price of OP rebounded from $2.3 to $3.
It is worth mentioning that this whale also holds 29,784 ETH ($89.71 million) through two other addresses.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Sector Update: Consumer Stocks Mixed Late Afternoon
Spot gold surpasses $4,300 per ounce, down 1.11% intraday
Grayscale Just Made XRP 26% of Its New Portfolio for Advisors
U.S. Interior Secretary says oil export ban is unlikely to lower energy prices