Whale who lost $12 million from "buying high and selling low" re-enters the market, adding 2,165 ETH at an average price of $2,463.
1 hours ago
Per monitoring by on-chain analytics platform Lookonchain, trader 0xD81a—who previously incurred roughly $12 million in cumulative losses from buying Ethereum at high prices and selling at low—has re-entered the market after nearly six months of inactivity. The address spent approximately $5.33 million to purchase 2,165 ETH at an average price of around $2,463. Notably, the trader had previously cut their ETH holdings at an average price of about $2,452 in their last trade, only to repurchase the asset at a higher price now, resulting in a "sell low, buy high" operation.
An address has accumulated a total of 6,000 ETH since August 17, with an unrealized profit of approximately $130,000.
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