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A mysterious whale has returned after 7 months of "hibernation," aggressively spending $111.62 million to purchase 50,706 ETH at around $2,201 per token.
What's noteworthy is: 1 year ago, this same wallet sold 28,683 ETH at ~$3,892, also netting exactly ~$111.62 million.
THIS SHOWS: The ~$2,200 zone is being viewed by whales as a strong accumulation area
Large capital flows returning to ETH → not a weak signal
However, it's not necessarily the bottom, but could be a position-building phase