The whale continues to accumulate and stake ETH, with a certain address spending $20 million USDC to purchase 10,501 tokens

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BlockBeats News, July 21st, according to LookIntoChain monitoring, the dormant whale address 0x4cee, inactive for three months, has become active again, spending 20 million USDC to purchase 10,501 ETH at an average price of $1905.

In addition, a newly created wallet address withdrew 12,800 ETH from Binance in the past 24 hours, worth around $24.47 million, and has staked all the ETH.

Source: BlockBeats

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Three weeks ago, the whale who accumulated ETH at an average price of $1617 started taking profits in batches. Today, they deposited 3000 coins into Binance.

A certain whale started longing 1,000 BTC and 10,000 ETH at the beginning of the month, already realizing a paper gain of $5.484 million.

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