Ethereum

Show

Coin

<p>SpotOnChain <a href="https://platform.spotonchain.com/en/signal-details/pulsechainx-allegedly-bought-a-massive-amount-of-eth-44489" target="_blank" rel="nofollow">reported</a> that six wallets linked to PulseChain/X have made a massive purchase of Ethereum (ETH) in the past 13 hours. According to their analysis, these wallets bought 33,117 ETH by spending 120 million DAI at an average price of $3,628 per ETH.</p> 
<p>The report identified one specific address, 0x7be74346dc745ea110358810924c9088bc76db59, as belonging to the entity dubbed “PulseChain/X ETH-buying wallets.” This particular address was involved in the significant ETH accumulation.</p> 
<figure class="wp-block-image size-large">
 <img loading="lazy" decoding="async" width="1024" height="483" src="https://captainaltcoin.com/wp-content/uploads/2024/03/image-157-1024x483.png" alt="" class="wp-image-447861" srcset="https://captainaltcoin.com/wp-content/uploads/2024/03/image-157-1024x483.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-157-300x142.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-157-767x362.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-157-1536x725.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-157-2048x967.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-157-318x150.png 318w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-157-100x47.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-157-742x350.png 742w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-157-788x371.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-157.png 1426w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<p>Notably, the report also revealed that these six wallets still hold a substantial amount of 71.7 million DAI, potentially indicating their intention to acquire even more ETH in the near future.</p> 
<p>The timing of this colossal ETH purchase coincides with a remarkable surge in the price of ETH, which broke through the $3,700 mark. At the time of the report, ETH was up 7% on the day, adding to the excitement surrounding the world’s second-largest cryptocurrency.</p>  
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0">
  <i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Explosion in Meme Coin Market; How to find potential successors to $BONK, $PEPE, and $WIF?
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;">
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style> 
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px"> 
    <p>The key? Getting in early, especially during the <strong>ICO phase</strong>. Check out <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank"><strong>NuggetRush</strong></a> today! This pioneering memecoin combines play-to-earn gaming with authentic gold mining ventures. <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank"><strong>Seize the opportunity</strong></a> with ongoing presale prices! Plus, prepare for $NUGX’s upcoming launch on major exchanges.</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div> 
 </div>
</div> 
<p>This alleged move by PulseChain/X has caught the attention of the crypto community, with speculations swirling about the motivations behind such a significant ETH accumulation. Some analysts suggest that this could be a strategic move to secure a substantial stake in the Ethereum ecosystem, potentially in preparation for future developments or partnerships.</p> 
<p>As the crypto space continues to evolve rapidly, incidents like these underscore the growing interest and involvement of various players in the market, each with their own objectives and strategies. The impact of this alleged PulseChain/X move on the broader cryptocurrency landscape remains to be seen, but it has undoubtedly sparked discussions and raised eyebrows among industry observers and enthusiasts alike.</p> 
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style=""> 
 <div class="col_wrap_two mb0"> 
  <div class="offerbox_big_wrap flowhidden"> 
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/Copy-of-P2P-Review-17-qi3pqhl3pi3mlojv8nq0upz5rcb68rblc7kuvhcaou.png" width="500" alt="Check NuggetRush ($NUGX)" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a> 
   </div> 
   <div class="product-summary col_item mobileblockdisplay"> 
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-nofollow-sponsored-span-check-nuggetrush-nugx-span-a"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <span>Check NuggetRush ($NUGX)</span> </a> </h3> 
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div> 
    <div class="buttons_col mb25 rh_big_btn_inline"> 
     <div class="priced_block clearfix"> 
      <div> <a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> Buy NUGX Today </a> 
      </div> 
     </div> 
    </div> 
    <div class="bigofferdesc">
     <i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Being in its <strong>ICO stage</strong>, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>A unique <strong>play-to-earn</strong> gaming platform in the memecoin market
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>The platform combines artisanal and <strong>gold mining</strong> with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Fosters a strong <strong>community </strong>by encouraging physical meetups among members
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i><strong>NFT</strong> Integration with Prominent Characters
    </div> 
   </div> 
  </div> 
 </div> 
</div> 
<p>The post <a href="https://captainaltcoin.com/massive-ethereum-eth-purchase-reportedly-linked-to-pulsechain-x/">Massive Ethereum (ETH) Purchase Reportedly Linked to PulseChain/X</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Massive Ethereum (ETH) Purchase Reportedly Linked to PulseChain/X

Table of Contents

CaptainAltcoin

Other articles published on Mar 5, 2024

Shiba Inu Up 100%: Is the SHIB Name Service Update Driving the Rally?

Binance Stops Naira Transactions; Ceases Operations in Nigeria

Bitcoin Continues to Climb Despite Sell Signal Indicators

Ripple CTO Infuses SEC Discussion With Tesla Twist

Covesting February 2024 Copy Trading Report: a shocking 2,000% single-month performance

HODLPad Partners with ProBit Global to Revolutionize DeFi Investments (5 Mar)

Join our free newsletter for daily crypto updates!