Odaily Planet Daily News According to on-chain analyst Ember Monitoring, a certain address withdrew 4,700 ETH ($7.66 million) from Bithumb in the past two days, and then changed it to WETH and transferred it to a multi-signature address starting with 0x912.
The multi-signature address starting with 0x912 uses WETH to continuously buy PERP. Currently, 4,509 WETH have been used to buy 6.8 million PERP (7.06 million US dollars), with an average price of 1.08 US dollars, and the purchase volume has reached 10% of the PERP circulation.