PANews reported on November 12 that, according to on-chain data from ai_9684xtpa, the band address 0x54d...e6029 spent another $10 million USDC to buy 2908 ETH in the past 3 hours.

This address previously purchased some ETH on October 20th, accumulating a total position of 5419.3 ETH in this wave, with a total investment of $20 million and an average cost of $3690.5. Currently, the address is experiencing a floating loss of approximately $1.33 million.