A whale quickly re-opened his position after selling ETH and bought another 3,986 ETH within 8 hours

Odaily News According to on-chain data analyst ai_9684xtpa, a certain whale has not given up on ETH trading after experiencing significant losses. The investor previously purchased 6,100 ETH at an average price of $2,200, but sold all of them yesterday at a price of $1,962, with a total loss of $1.446 million.
However, just 8 hours after clearing out, the whale entered the market again in a big way, spending $7.41 million to purchase 3,986 ETH. The average price of the new position was $1,860, which was about 5% lower than the previous selling price.