Whale Investor Nemorino.eth Reenters Ethereum Market

According to Odaily, blockchain analyst Yujin has reported that the whale investor known as nemorino.eth has resumed purchasing Ethereum (ETH). Two hours ago, nemorino.eth acquired 3,000 ETH using 5.718 million USDC at a price of $1,906 per ETH. Previously, in early February, the investor sold 10,828.5 ETH at $2,586 each, reducing leverage and expressing a bearish outlook on ETH. Following this, ETH prices fell to $1,800. In March, nemorino.eth further sold 2,000 ETH at $2,184 and 3,000 ETH at $1,912.