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After initially accumulating ETH at a $3.45 average entry price, “smart money” bought 647.137 ETH a year later.

MeNews
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ME News Report, May 16 (UTC+8), BlockBeats reports that on-chain analyst Ai Yi monitored that a well-known smart money address has invested in Ethereum (ETH) again after a year. The address previously purchased 11,004 ETH at an average price of $3.45 in 2016, earning a profit of $30.38 million. Now, an hour ago, the same address bought 647.137 ETH on-chain at an average price of $2,211.49, totaling $1.43 million. Additionally, the address currently holds $14.19 million in USDC. (Source: MLion)
ETH0.17%
USDC-0.02%
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GateUser-e4fb1fbe
· 3h ago
Haven't moved in a year, suddenly took action an hour ago, well-informed news.
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Don'tCallMeABagHolder.
· 23h ago
647 tokens are just a test, the main USDC hasn't moved yet, waiting for a black swan?
View OriginalReply0
sixflowers
· 05-31 19:37
Start?
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Cross-SectionOfSucculent
· 05-31 18:43
3.45 to 2211, 640 times, still buying now, does that mean the ceiling hasn't been reached tomorrow?
View OriginalReply0
RugProofRita
· 05-31 18:43
14.19 million USDC waiting, is this wave for dollar-cost averaging or bottom fishing?
View OriginalReply0
DuskStop-LossLine
· 05-31 18:43
This guy bought ETH back in March 2016—using 3 BTC—and he’s still adding to it now, his faith is totally maxed out.
View OriginalReply0

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