An Ethereum whale has purchased 3,942 ETH valued at approximately $8.08 million as the cryptocurrency's price declined. On-chain analytics from Lookonchain reveal that this investor, who previously made a $34.2 million profit, bought the ETH at an average price of $2,049. Historically, this address acquired 12,001 ETH from ShapeShift a decade ago at $7.58 per ETH and sold them over a year ago for an average price of $2,856, netting 34.3 million USDC.
Ethereum Whale Acquires 3,942 ETH for $8.08M Amid Market Dip
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