Ethereum Whale Buys Back $55.8M ETH at $1,563 After Dumping $141M Near $2,040
A week after unloading over $141 million in Ethereum and staked Ethereum derivatives near the $2,040 mark, an address labeled as an Ethereum OG by on-chain analysts has started buying again. According to a Lookonchain update, the whale spent $55.8 million over two days to acquire 35,723 ETH at an average price of $1,563. The rapid flip from heavy seller to active buyer exposes a tactical shift that traders are parsing for clues on near-term ETH direction.