ETH Whale Reverses Course With $17.5M Buyback After Selling $24.9M Three Days Earlier

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A whale that had sold 10,829 ETH valued at $24.91 million three days ago re-entered buying 7,448 ETH for $17.5 million at a price of $2,350, according to data published by Lookonchain. The re-entry occurred approximately 2% above the original exit price, which implies the trader did not interpret the recent move as a ceiling, but rather as an accumulation opportunity.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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