Whale Conversion from ETH to DAI and Stablecoin Investment Plan
An hour ago, a whale sold 5,000 ETH for 19.67 million DAI on the chain for $3,934. The whale bought 17,768 ETH at the end of July 2023 at a cost of $1,721 through 2 addresses at a cost of 30.57 million DAI. It then started to sell at a stopgap in February this year, and so far has basically sold: 3,771 ETH to CEX; 13,768 ETH for 46.48 million DAI on the chain. He sold 13,768 ETH to CEX; and 13,768 ETH to 46.48 million DAI. The total average price of the sale was about $3,320, and he realized a profit of $28M (+92%). Currently he has 46.48M DAI from ETH sold on the chain stored in Maker through 3 addresses: 0x15c126f55a48e4fee27f864d477e8f175ce80284 (24.02M DAI) 0xeb81bc06ae7ac0e994f86adbdac8136e4bf0a995 (19.67 million DAI) 0x9de5458b4e161d2d62dd867265f4c415bb7d5d79 (2.78 million DAI) Keep an eye out for when he'll next use these stablecoins to buy something! Token🤔
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