According to Odaily Planet Daily, on-chain analyst Yu Jin has reported that a swing trader, who has accumulated $73.96 million in profits from ETH trading, has begun buying back into the cryptocurrency. This address transferred 173 million USDT to Wintermute over the past four hours and subsequently received 20,000 ETH, valued at approximately $74.06 million.

This whale previously bought 132,000 ETH at an average price of $2,540 in June and sold 113,600 ETH at an average price of $2,923 in July, generating $43.5 million in profits. Currently, this address holds 40,000 ETH at an average price of $3,121.