A notable smart money address has re-entered the Ethereum market, purchasing 647.137 ETH at an average price of $2,211.49, totaling approximately $1.43 million. This move marks the address's return to Ethereum after a year-long hiatus. Previously, the address accumulated 11,004 ETH in 2016 at an average price of $3.45, later realizing a profit of $30.38 million. The address currently holds 14.19 million USDC, indicating substantial liquidity for further investments.