The “whale” known as a large investor in the cryptocurrency market has made a strong comeback after selling off its Ethereum assets about a year ago.
According to information shared by on-chain data analysis platform Lookonchain, an anonymous investor bought 50,706 Ethereum on Wednesday, spending a total of 111.62 million. $USDT. Purchases were reportedly made through two separate wallets, with an average price of $2,201.
The move by investors marks the first transaction after a period of inactivity that lasted about seven months. According to the analysis, 28,683 whales were sold a year ago for a hefty profit. $ETH The average price is $3,892. Experts believe that this time investors are repositioning to lower levels in anticipation of higher prices.
Similar transactions have recently been observed in other large wallets. According to Lookonchain data, another investor bought 23,393 shares. $ETH 49 million $USDT after selling their $ETH Assets 1 year ago. It has been claimed that these wallets may be connected to Eric Voorhees, but Voorhees has denied these allegations.
According to market data, Ethereum is trading at around $2,198, down 5.45% in the past 24 hours. Compared to the peak of $4,946 recorded in August 2025, this asset has lost more than 55% of its value.
Nevertheless, renewed interest from institutional investors through spot ETFs in the US and regulatory announcements by the US Securities and Exchange Commission are among the developments that confirm long-term expectations for the crypto market.
*This is not investment advice.
