My goodness, $229 million! Just as retail investors were scrambling to cut their losses and run, a massive transaction occurred on the blockchain, swallowing up 116,500 ETH in one fell swoop during the crash. The leading figure in this buying spree was crypto veteran Erik Voorhees, whose linked wallet purchased 63,540 ETH during the crash, costing $125.27 million, at an average cost of $1,972. Not only that, the whale firm "7 Siblings" also snapped up 31,484 ETH, spending $60.88 million. Lately, the sentiment has been one of despair, with everyone saying Ethereum is doomed, but these veteran players have pocketed $229 million worth of cheap tokens when the market was at its most dismal. A whale's contrarian bottom-fishing doesn't guarantee a V-shaped reversal tomorrow, but it provides strong data logic: in the $1,900 to $2,000 range, hundreds of millions of dollars of "smart money" are willing to enter the market to buy. Retail investors are panicking while watching 15-minute candlestick charts, while OG is looking at the distribution of tokens in the next cycle. If you were in OG's shoes at $1,972, would you choose to trust the veteran OG's judgment, or follow the crowd and sell at a loss? ETH Whale Movements: Bottom-Fishing