Mysterious Institutional Investor Scoops Up Ethereum-Based Altcoin That Rallied 126% This Year: On-Chain Data

A mysterious investor is scooping up an Ethereum-based (ETH) altcoin that has more than doubled up in price so far this year. According to new data from blockchain-tracking service Lookonchain, an unnamed institution spent $10 million worth of USD Coin (USDC) to purchase 3.