PANews reported on October 13th that according to on-chain analyst Ember’s monitoring, the whales who panicked and sold ETH at $3,764 the day before yesterday have now “jumped on board” at $4,159 after the price has risen: Three hours ago, he used 32.511 million DAI to buy back 7,817 ETH. He panic-sold his position at $3,764 after the sharp drop the day before yesterday, and then bought back again at $4,159 after the price rebounded today. This means he lost 820 ETH (US$3.4 million) in this sell-low-buy-high strategy.PANews reported on October 13th that according to on-chain analyst Ember’s monitoring, the whales who panicked and sold ETH at $3,764 the day before yesterday have now “jumped on board” at $4,159 after the price has risen: Three hours ago, he used 32.511 million DAI to buy back 7,817 ETH. He panic-sold his position at $3,764 after the sharp drop the day before yesterday, and then bought back again at $4,159 after the price rebounded today. This means he lost 820 ETH (US$3.4 million) in this sell-low-buy-high strategy.
A whale who bought high and sold low bought back 7,817 ETH in the early morning, losing 820 ETH in this operation.
2025/10/13 08:07
PANews reported on October 13th that according to on-chain analyst Ember’s monitoring, the whales who panicked and sold ETH at $3,764 the day before yesterday have now “jumped on board” at $4,159 after the price has risen:
Three hours ago, he used 32.511 million DAI to buy back 7,817 ETH. He panic-sold his position at $3,764 after the sharp drop the day before yesterday, and then bought back again at $4,159 after the price rebounded today. This means he lost 820 ETH (US$3.4 million) in this sell-low-buy-high strategy.
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