PANews reported on November 3 that according to monitoring by on-chain analyst Yu Jin, a whale borrowed 10 million DAI from Maker in the past two days and bought 3,998.5 ETH. It now holds more than 65,000 ETH (about US$161.25 million), with a total cost of about US$1,743. The whale previously spent 104 million U to buy ETH and WBTC in 2022, but later exchanged all WBTC for ETH.