Huo Xing Finance reports, according to Lookonchain monitoring, the Ethereum OG who sold 60,000 ETH (worth $117.25 million) at approximately $2,040 each and 9,442 wstETH (worth $24 million) a week ago is now repurchasing ETH. Over the past two days, they have spent $55.8 million to buy 35,723 ETH at an average price of $1,563 per ETH and may continue buying.
Ethereum OG repurchases 35,723 ETH for $55.8M after selling 60,000 ETH for $117.25M
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Summary
An Ethereum OG who sold 60,000 ETH at $2,040 each (worth $117.25 million) and 9,442 wstETH ($24 million) a week ago is now repurchasing ETH. Over the past two days, the OG spent $55.8 million to buy 35,723 ETH at $1,563 per ETH. Traders using technical analysis for crypto are closely monitoring key support and resistance levels, as the buyer may continue accumulating.
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