New address buys $7.31M in ETH

A new anonymous address starting with 0x856 bought $7.31 million worth of ETH over the past hour, on-chain analyst ai_9684xtpa said. The address withdrew stablecoins from Binance and then accumulated 3,877.67 ETH in split purchases through CoW Swap at an average price of $1,886.55. It later transferred the full amount of purchased ETH to another address starting with 0xC32.