Data: A certain Ethereum whale once lost over 11 million dollars but continues to increase its ETH holdings

ChainCatcher news, according to Lookonchain monitoring, an Ethereum whale investor, despite previously losing over 11 million dollars in ETH, has continued to increase their position recently.

Three months ago, this investor liquidated all ETH at a price of approximately 2740 dollars, incurring a loss of about 11 million dollars. A month ago, they re-purchased 2713 ETH (approximately 4.07 million dollars) at a price of 1502 dollars. With the recent rebound in ETH prices, they doubled down again, buying 9023 ETH (approximately 20.55 million dollars) at a price of 2277 dollars.

The market is currently watching whether their subsequent operations will achieve a reversal of gains and losses.