Data: Previously bearish whales on ETH have repurchased 3,000 ETH at an average price of $1,906

ChainCatcher news, according to Ember monitoring, the whale nemorino.eth, which was previously bearish on ETH, has started to buy back Ethereum. Two hours ago, it repurchased 3,000 ETH for 5.718 million USDC, at an average price of $1,906.

Earlier, in early February, it sold 10,828.5 ETH (28 million USD) at a price of $2,586 to unwind leverage and turned bearish on ETH, after which ETH dropped to $1,800. After unwinding leverage, it sold another 2,000 ETH and 3,000 ETH in March at prices of $2,184 and $1,912, respectively.