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]