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Dormant Address Buys $5.4M in ETH at $2,113.46 Cost Basis

A dormant address bought $5.4 million worth of ETH in a single transaction about five hours before Nov. 10, at a cost basis of $2,113.46, on-chain analyst Ai Yi monitored. The address received 5.4 million USDT the previous day; that capital had sat in the wallet since being withdrawn from multiple exchanges three years ago, when ETH traded near $1,500.

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