Digital Currency
Add as a preferred source on GoogleThe earlier 5,246 ETH acquisition unfolded over two days and was 500 ETH smaller than the latest purchase.
Chun’s $11.09 million Ether (ETH) purchase totaled 5,746 coins, 500 more than an earlier buy, showing the size of two reported acquisitions by the same buyer.
Chun’s first reported acquisition took place over two days and totaled 5,246 ETH. The reported average was $2,054 per token, valuing the purchase at about $10.78 million.
Roughly a week earlier, Chun sold 6,200 wstETH and received $18.5 million. Ether was priced at $2,400 at the time.
The transfer covered roughly 43% of the address's original 38,800 ETH position from the 2015 offering.
CoinDesk reported Oct. 19 that BitMine Chairman Tom Lee linked institutional and corporate treasury demand with Ether’s tradable supply.
A Binance snapshot earlier Saturday showed a 4.56% hourly drop. A separate tally recorded $1.55 million in long liquidations across three exchanges.
