According to PANews, on-chain analyst Ember's monitoring showed that a swing trader repurchased 11,267.7 ETH for 32.89 million USDT in the past 30 minutes, with an average price of US$2,919.
The trader sold ETH when it rose to $2,609, planning to wait for a pullback before buying it back in. However, ETH continued to rise to $2,900, forcing him to buy back in due to fear of missing out (FOMO).