Whale 0x3c9E has demonstrated a pattern of panic-selling Ethereum during market dips, only to repurchase at higher prices. Between July 29 and August 3, the whale sold 38,582 ETH for $136.9 million at an average price of $3,548. Subsequently, from August 8 to August 15, the whale bought back 16,800 ETH for $74.3 million at an average price of $4,424. Continuing this trend, the whale sold 10,900 ETH for $47.6 million at an average price of $4,369 between August 16 and August 20. In the last 20 hours, the whale repurchased 7,500 ETH for $35.6 million at an average price of $4,747, highlighting a consistent pattern of buying high after selling low.