Ether (ETH) recently fell to $2,300 amid a broader cryptocurrency market downturn. During this decline, a notable Ethereum whale capitalized on the opportunity by purchasing approximately 1,900 ETH.
This whale is recognized for their trading strategy of selling high and buying low. The move was detailed in a post on social media platform X, previously known as Twitter.
The acquisition resulted in an increase of the whale’s Ethereum holdings by 50%.