PANews reported on March 7th that, according to lookonchain monitoring, a whale spent 12.5 million USDC to buy 6228 ETH 14 hours ago, at an average price of $2007. This whale previously misjudged the timing of its purchases, spending 32.6 million USDC to buy 6206 ETH ($22.6 million) and 92 cbBTC ($10 million) after the "1011 crash," and then sold them in November at a loss of $829,000.