Accumulated position building exceeds $38.61 million, an entity swapped UBTC for ETH and then bought 6,214.58 ETH

Odaily news: According to on-chain analyst Aunt Ai's monitoring, an entity previously swapped UBTC for ETH and then bought 6,214.58 ETH. Since September 18, this entity has accumulated a position exceeding $38.61 million.

Over the past 11 hours, this entity used 5 addresses to buy $16.03 million worth of ETH on-chain through the same route, with an average purchase price of $2,580; it has currently accumulated 15,272.77 ETH, with an average cost of approximately $2,528.24, and an unrealized profit of $2.115 million.