The whale 0x3c9E has earned a reputation for panic selling Ethereum during dips, only to buy back at higher levels, and the pattern is repeating once again.
Between July 29 and August 3, the whale sold 38,582 $ETH ($136.9 million) at an average price of $3,548. Then, from August 8 to August 15, it repurchased 16,800 ETH ($74.3 million) at an average price of $4,424.
Shortly after, from August 16 to August 20, it sold 10,900 ETH ($47.6 million) at an average price of $4,369. More recently, in the last 20 hours, it repurchased 7,500 ETH ($35.6 million) at an even higher average price of $4,747.
This trading pattern highlights one of the market's most unpredictable whale strategies: often selling too early and re-entering at higher prices, a cycle that piques traders' curiosity.
💬 What’s your opinion? Is this whale's strategy a warning sign for ETH traders or just a testament to Ethereum's unstoppable momentum? Click to explore and trade. $ETH now 👇
