Ethereum OG Returns To Buy The Dip After Banking $34 Million Profit

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A prominent early investor in Ethereum who started with a small ETH purchase and over the years went on to realize more than $34 million worth of profit from that purchase has resumed aggressive accumulation after Ethereum’s recent price decline. According to onchain tracking data, this long-dormant holder recently purchased 3,942 ETH worth about $8.08 million as Ethereum began pushing toward the $2,000 level. Due to the high profitability of that prior engagement with the asset, this new activity quickly attracted attention within crypto trading communities. According to on-chain data, the investor received 12,001 ETH from ShapeShift about a decade

The post Ethereum OG Returns To Buy The Dip After Banking $34 Million Profit appeared first on The Merkle News.

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