Wu Shuo learned that, according to Lookonchain monitoring, an Ethereum OG is buying back ETH on dips. This whale previously sold 60,000 ETH at an average price of $2,040 one week ago (about $117.25 million) and 9,442 wstETH (about $24 million), and over the past 2 days it has spent $55.8 million to buy back 35,723 ETH at an average price of $1,563, and may further purchase.

ETH2.31%
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TheSkyInsideTheMirroredSphere
· 5h ago
Waiting for an on-chain signal of 'further buying', preparing to copy the trade.
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GateUser-52241ed6
· 6h ago
A week ago, I sold 2040 and then bought back at 1563.
This trading range is even more than my annual salary.
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RollupStreetKid
· 6h ago
So, should retail investors follow the whales or operate in the opposite direction? Conflicted.
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GateUser-173efae5
· 6h ago
This move is textbook-level. Selling high and buying back low, clearly profiting from the price difference.
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NotYourExitLP
· 6h ago
1563, you really nailed that position, jealous of that amount of ammunition.
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LiquidationRaincoat
· 6h ago
$55.8 million to buy on a whim, my $500 in my wallet is trembling.
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PerpColdHands
· 6h ago
OG is OG, the rhythm is on point, I’ve learned it all.
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