Data: A whale that has been dormant for 2 years bought over 4,000 ETH on-chain

According to market news, address 0xF78…04d25 and address 0x5F4…17f86 are suspected to belong to the same person. The last purchase of ETH was in February 2024, with a cost of approximately $2631.88.

However, 7 hours ago, they suddenly bought 4020.61 ETH on-chain at an average price of $2174 (worth $8.74 million). They currently hold a total of 5122 ETH, with an average cost of $2269, which is basically on par with the current price.