Whale Re-Enters Ethereum Market After $8.06 million Liquidation

In a surprising turn of events, a major Ethereum investor, who was recently liquidated during the market crash on August 5, has re-entered the market with substantial purchases of Ethereum (ETH). The whale, previously liquidated for 2,890 wrapped staked Ethereum (wstETH), valued at $8.06 million, is now making headlines by going long on ETH once again.