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A certain whale/institution re-bought 10,000 ETH through OTC dip-buying.

MetaEraOct 16, 2025
#Layer1
USDC+0.03%ETH+0.22%MAG7.SSI-0.63%

On October 16 (UTC+8), according to on-chain analyst Ember Monitoring, after clearing their position at an average price of $4,458 at the beginning of the month, the "whale/institution that has profited $93.74M through $ETH band trading" has started buying $ETH again through OTC today: 8 hours ago, they transferred 39.87M $USDC to Wintermute, and then withdrew 10,000 $ETH, with a purchase price of $3,987. [Source: PANews] [ME]

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