In accordance with Coinomedia, a crypto whale who previously sold 30,000 ETH at $4,202 to secure a $35.4 million profit has now bought back 18,000 ETH worth $63.65 million. The move, tracked by on-chain analyst Yu Jin, suggests renewed bullish sentiment toward Ethereum. The whale’s earlier sale had raised speculation about a potential short-term top for ETH, but the recent buyback indicates confidence in further price appreciation or long-term growth in the Ethereum ecosystem.
Crypto Whale Buys Back 18K ETH Worth $63.65M After Earlier $35.4M Profit
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