🚨 A whale has moved again in the Ethereum market!

The whale known by the address 0x65B4 has returned to the market after a previous mistake in timing the bottom, and it seems he is trying to seize a new opportunity.

About 14 hours ago, he spent 12.5 million USDC to buy 6,228 ETH at an average price of around $2,007.

📊 To remind what happened previously:
After the market crash on October 11 last year, the whale pumped 32.6 million into the market and bought:
• 6,206 ETH worth about 22.6 million dollars
• 92 cbBTC worth 10 million dollars

But the trade was not successful…
He sold in November at a loss of about 829 thousand dollars.

The question now 👇
Did he read the market correctly this time? Or will we see another round of losses?

#Ethereum #ETH #CryptoWhales #CryptoNews #CryptoMENA