The Australian info A single crypto whale hasactually gobbled up almost $53 million worth of Ethereum (ETH) and Wrapped Bitcoin (WBTC) giventhat December 21st, according to the blockchain tracker Lookonchain. Lookonchain notes that the whale invested 20 million of the stablecoin USDC earlier this week to buy $10 million worth of ETH and $10 million worth of WBTC. USDC is the second-largest stablecoin by market cap and intends to preserve a 1:1 peg to the UnitedStates dollar. Since December 21st, the whale hasactually bought a overall of 13,843 ETH, at an average cost of $2,388, and 461 WBTC at an average cost of $43,168. WBTC is an ERC-20 token pegged to the cost of Bitcoin (BTC), permitting traders to hypothesize on Bitcoin while staying with
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