PANews reported on November 27 that, according to Onchain Lens monitoring, a whale that had been dormant for three months spent 12.82 million DAI to purchase 4,234 ETH.

To date, the whale has used a total of 16.08 million DAI to purchase 5,343 ETH at an average price of $3,010, and still holds 55 million DAI in disposable funds.