Whale That Took Profits at ETH's Peak Adds Again, Accumulating Over 16,700 ETH

On August 21, according to on-chain analyst Ai Yi (@ai_9684xtpa), a whale entity that previously took profits near ETH's high of around $4,400 has re-entered the market. Since yesterday, this entity has accumulated 16,699.32 ETH via Cowswap, with a total value exceeding $35.84 million and an average cost of approximately $2,146.42. Current floating profit stands at around $3.335 million.

Notably, the entity's funds originate from the mixer Tornado Cash, raising questions about its identity.

[TechFlow]