On August 16, a wallet address related to WLFI used 18.6 million USDC to purchase 1,911 ETH and 84.5 WBTC.
According to BlockBeats News, this address has swapped 18.6 million USDC for 1,911 ETH worth about 8.6 million USD, at an average price of 4,500 USD/ETH. At the same time, the wallet also purchased 84.5 WBTC worth 10 million USD, at an average price of 118,343 USD/WBTC.
The wallet currently holds 5 million USDC in reserve, indicating the possibility of further purchases in the future. This transaction reflects strong interest in ETH and WBTC in the context of the significant growth of these two assets.
Although there has been no official statement from the parties involved, this move aligns with the trend of large organizations and investors increasing their activities, directly impacting liquidity and market volatility.
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