Two Wallets Buy 50,706 ETH for $111.62 Million After Year-Long Selling Pause
Two wallet addresses identified as "0x554" and "0xF2f" purchased a combined 50,706 ETH for approximately $111.62 million in USDT at an average price of $2,201 per ETH, OnchainLens data cited by ChainCatcher show. The two addresses may be controlled by the same entity, which returned to large-scale Ethereum buying after a year of continuous selling. Wallet "0x554" spent $61.02 million to acquire 27,714 ETH, while wallet "0xF2f" deployed $50.6 million to buy 22,991 ETH.