## Whale's Ethereum U-Turn: Panic Sell Followed by Re-Entry A crypto whale known as '0x3c9E' made headlines after a significant Ethereum (ETH) transaction. According to Lookonchain's X post, this investor initially panic-sold 38,582 ETH, worth around $136.89 million, at an average price of $3,548. However, with ETH prices rebounding, the whale has re-entered the market, repurchasing 1,800 ETH for approximately $7.22 million. This time, the average purchase price was $4,010, indicating a loss compared to the initial sale. This illustrates the volatile nature of cryptocurrency markets and the potential risks associated with panic selling, even for large-scale investors. Market sentiment can shift rapidly, impacting investment strategies and outcomes. ```

#ETH