Ethereum Whale Resumes Accumulation after $6.72M Profit, Acquires ETH at Higher Price

A prominent Ethereum whale has resumed buying activity following a recent profit-taking period, utilizing an OTC transaction with Wintermute to acquire ETH at a higher average price. The investor sold 30,000 ETH on June 10th for $78.63 million, netting a $6.72 million profit, before purchasing back 16,500 ETH the following day at an average price of $2,818. This activity highlights the whale’s continued market participation and potential investment strategy.