Data: A Certain Ethereum Whale Once Lost Over $11 Million, Still Increases ETH Holdings

According to ChainCatcher, monitored by Lookonchain, an Ethereum whale investor, despite previously losing over $11 million on ETH, has continued to increase their holdings recently.

Three months ago, the investor sold all their ETH at approximately $2,740, incurring a loss of about $11 million. A month ago, they repurchased 2,713 ETH at $1,502 each (approximately $4.07 million). As ETH prices rebounded recently, they doubled down, buying 9,023 ETH at $2,277 each (approximately $20.55 million).

The market is currently watching to see if their subsequent actions will reverse the losses.