New address buys 3,877.67 ETH for about $7.31 million via CowSwap

On-chain monitors reported two similar large-transaction patterns involving newly created wallets moving about $7.3 million each into crypto assets and then transferring them off the initial venue. In the newer report, on-chain analyst Ai Yi said wallet 0x856…3cD9F withdrew stablecoins from Binance, bought 3,877.67 ETH in batches through CowSwap at an average price of $1,886.55, for about $7.31 million, and then sent the full amount to 0xC32…D64f9. Separately, Onchain Lens reported that a fresh address bought and withdrew 133,920 HYPE worth about $7.3 million via Coinbase Prime. Such flows are often monitored as possible signs of accumulation or consolidation, but the wallet owners and intentions were not identified.

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