A new wallet address made a significant purchase of 2477 Ether, costing over 6 million DAI.

According to the Gate News bot, a monitoring report by on-chain analyst Ai姨 (@ai_9684xtpa) shows that a newly created Wallet Address 0x521 made a noteworthy transaction recently. The address invested 6.18 million DAI in just 3 hours, successfully purchasing 2,477 Ether (ETH). The average cost of this transaction was $2,496.22 per ETH.

Some analyses suggest that this large-scale purchasing behavior may be aimed at short-term swing trading. This move has sparked extensive discussions within the cryptocurrency community regarding market trends.

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