A recent analysis by BlockBeats News has revealed that a whale has re-entered the market after a 4-month period of inactivity.
According to data from Onchain Lens, the whale borrowed $10 million in USDT before using it to purchase 5,589 ETH at an average price of approximately $1,789 per coin.
This substantial transaction has raised eyebrows in the crypto community, with many wondering what motivations may be behind this move.