An Ethereum OG (Original Expert) bought 3,942 ETH after the ETH price drop, worth approximately $8.08 million.

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According to TechFlow TechFlow, on May 23, Lookonchain (@lookonchain), an Ethereum OG who previously made a profit of $34.2 million, has bought ETH again as the price of ETH has fallen. They have now purchased 3,942 ETH at an average price of approximately $2,049, for a total value of approximately $8.08 million. Data shows that this address previously acquired 12,001 ETH from ShapeShift 10 years ago at $7.58 per ETH and sold them over a year ago at an average price of approximately $2,856, receiving 34.3 million USDC in return.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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