An Ethereum whale has recently purchased about 5000 ETH, which is around $11.46 million, at what seems to be a local support level.
This is not the first time this whale has used ETH price fall to its advantage. In November 2022, the same entity bought 5,200 ETH at an average of $1,322 per ETH.
Source: www.thecoinrepublic.com ↗