A Major Whale Panic Sells 38,600 ETH and Then Buys Back at a Higher Price, Worth Approximately $137 Million

According to a report by Jinse Finance, Lookonchain monitoring shows that a certain whale address (0x3c9E) panic-sold 38,582 ETH (worth $136.89 million) a week ago when the price of ETH dropped, at an average price of $3,548. As the price of ETH rebounded to $4,010, this address bought back 1,800 ETH for $72,200, with the average purchase price about 13% higher than the previous selling price.