A whale investor bought over $111 million worth of Ethereum on Wednesday after dumping ETH holdings a year ago. Citing Arkham's data, onchain analytics provider Lookonchain reported that an unidentified whale trader spent 111.62 million USDT to purchase 50,706 ETH at an average price of $2,201, through two addresses. This was the whale's first activity after seven months of dormancy, Lookonchain added. The analytics platform attributed the 111.62 million USDT to the whale’s sale of 28,683 ETH a year ago at an average price of $3,892, suggesting the trader is positioning for a low entry anticipating price ... (full story)