Ethereum Whale Rebuilds Holdings After $4,400 Sell-Off

An Ethereum whale that sold its holdings near the $4,400 peak has resumed buying, accumulating $35.8 million in ETH over the past day.

The wallet acquired 16,699.32 ETH at an average price of $2,146.42 per coin, according to on-chain data provided by analyst ai_9684xtpa.

The whale's purchases were executed through COW, a decentralized exchange that offers gasless and MEV-protected trades.

Notably, the funds used for these purchases were routed through a mixer, which obscures transaction trails and raises questions about the wallet's true identity.