An address purchased 15,200 ETH for 34.69 million USDC, at an average price of approximately $2,279.
Original headline某地址用 3469 万 USDC 买入 1.52 万枚 ETH，均价约 2279 美元
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A wallet purchased 15,216 ETH for 34.69 million USDC at an average price of roughly $2,279 per token on November 2, according to on-chain analyst Ember (@EmberCN). The USDC used in the purchase was withdrawn from crypto exchange Kraken earlier the same day, with funds flowing directly from the exchange into an on-chain ETH buy. The transaction, flagged by on-chain monitoring, adds to a pattern of large stablecoin-to-ETH conversions that traders track as a gauge of whale accumulation. Market watchers will be monitoring whether the address holds or redistributes the ETH, and whether similar Kraken outflows into ETH purchases continue.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
Named in this story
ETH (ETH), USDC, Kraken, EmberCN
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