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- 🎉 Gate xStocks Trading is Now Live! Spot, Futures, and Alpha Zone – All Open!
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The Whale spent 3.11 million dollars to buy 1,734 ETH again, having previously incurred a loss of 3.6 million dollars due to panic selling.
PANews reported on April 23 that according to Lookonchain monitoring, a FOMO (Extreme Fear of Missing Out) trader bought high and sold low, and then bought back at a higher price. Six months ago, he bought 1,805 ETH for $6.42 million at a price of $3,559 each. Two weeks ago, he panicked and sold at a loss of $3.6 million (-56%). Today, after the price of Ethereum rose, he bought back 1,734 ETH at a price of $1,792 per coin, spending $3.11 million.