According to BlockBeats, on September 20, according to the monitoring of on-chain analyst Yu Jin, the whale who sold 6,001.7 ETH at $3,384 at the end of June and earned $1.64 million has repurchased more ETH in the nearly two months from the end of July to now.

So far, he has spent a total of $25.33 million to repurchase 8,010 ETH at an average price of $3,163. The current floating loss is $5.07 million.

Despite the current floating loss, the whale's operation shows confidence in the long-term value of ETH, and market sentiment remains optimistic.