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Ember said that an address approximately 5 hours ago used 2280000 USDC to buy 6640000 tokens USELESS, at a transaction price of approximately 0.34 USD。
A whale spent 2280000 USDC bought 6640000 tokens USELESS
PANews September 23 According to on-chain analyst “Ember”, approximately 5 hours ago, an address spent on-chain 2280000 USDC bought 6640000 tokens USELESS tokens at an execution price of approximately 0.34 USD。
Source: https://www.panewslab.com/zh/articles/01a0cbf0-66fe-731e-b3f0-6e99aa37f356
PANews September 23 reported this on-chain transaction.
On-chain analyst “Ember” said that an address approximately 5 hours ago used 2280000 USDC to buy 6640000 tokens USELESS.
The reported transaction price was approximately 0.34 USD。
The following is analysis, separate from reported facts. Verify important claims independently.
This news item states that an on-chain address used USDC to make a concentrated purchase of USELESS tokens. “Whale” is commonly used to refer to an address that holds or trades a large amount of assets, but the original text does not disclose the actual controller of this address.
The transaction involved a relatively large amount and number of tokens, which may draw market attention to USELESS the trading activity; the original text does not state what impact it had on the price or market.
Beginners may regard this as a lead indicating a large on-chain transaction; they should not infer a token’s subsequent price direction solely from a single address purchase.
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An individual, institution, or organization that holds a large amount of a particular cryptocurrency and may significantly influence market prices through large-volume buying or selling.
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