[A whale, after losing over $2 million in DOGE, has switched to buying ETH, betting $10 million on a rebound] According to Arkham monitoring, a whale address (0xdDE) recently bought approximately $10 million worth of ETH after losing over $2 million in its DOGE holdings. Analysts believe that if the price of ETH rises by 20%, the gains from this investment will be enough to offset all the losses from its DOGE holdings. However, this whale seems to still bet on a significant subsequent rise in DOGE. If ETH fails to rise as expected and the price of DOGE continues to weaken, its overall investment losses may further increase.