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An address has potentially accumulated 2004 ETH in the past 2 hours.

2 hours ago

August 21st. According to on-chain analyst Ai Yi (@ai_9684xtpa), the address 0x7E4...00107 is reported to have accumulated 2004 ETH within the past 2 hours, which is worth 8.55 million US dollars. It withdrew 1802 ETH from Binance and repurchased 201.45 ETH on-chain using USDC with an average price of 4268.59 US dollars. Currently, 1000 ETH has been deposited into Aave.
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On August 21st, Adam, a macro researcher from Greeks.live, tweeted that as the Federal Reserve's Jackson Hole meeting was approaching, there was a clear divergence in the views of the options market. Today, the trading volume of call options and put options reached $1.61 billion and $1.14 billion respectively, accounting for two-thirds of the total daily volume. The trades were mainly concentrated on out-of-the-money options expiring this week and this month. Meanwhile, short-term implied volatility had decreased, indicating that institutional investors were not optimistic about the significant volatility expected from this meeting.

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Analysis: OKB's on-chain price surge is attributed to low liquidity, strong hodling, and lack of cross-chain support

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