According to PANews, a whale investor who previously sold 5,000 ETH at a price of $3,934 (approximately $19.67 million) on March 13th, making a profit of $28 million, has started to re-enter the ETH and BTC market after the recent price drop.
The investor reportedly purchased WBTC and ETH using 24.02 million DAI around 20 minutes ago. Specifically, they exchanged 13.5 million DAI for 205 WBTC and 10.52 million DAI for 3,081 ETH. This move indicates that the whale investor is taking advantage of the lower prices to buy back into the cryptocurrency market.
