Whale Wallet Buys 3,942.3 Ethereum via CowSwap Limit Order for $8.15 Million

According to Lookonchain, an early Ethereum investor and large holder re-entered the market by acquiring about 3,942 ETH through a CowSwap limit order after Ethereum’s decline. The newer report says the wallet bought 3,942.3 ETH for $8.15 million at an average price of $2,067, while the older report described 3,942 ETH for about $8.08 million at an average price of $2,049. The order was placed on April 20 with a target range of $1,840.9 to $2,076.38 and a total notional value of $20.68 million, when ETH was trading around $2,276. Lookonchain also said the same wallet had acquired 12,001 ETH about 10 years ago at roughly $7.58 per coin through ShapeShift and later sold that position at an average price of $2,856 for 34.3 million USDC, generating about $34.2 million in profit.