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Home News A Whale “Buy the Dip” ETH Strategy, Re-enters with an Average Price of $4,159 for 7,817 ETH

A Whale "Buy the Dip" ETH Strategy, Re-enters with an Average Price of $4,159 for 7,817 ETH

BlockBeats News, October 13, according to EmberCN monitoring, the day before yesterday, a whale who panic-sold ETH at $3,764 executed a classic “buy high, sell low” maneuver, driving the price up and then re-entering at a price of $4,159: they repurchased 7,817 ETH 3 hours ago with 32.511 million DAI.

This round of selling low and buying high resulted in a loss of 820 ETH (3.4 million USD) in their position.

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