PANews reported on September 22nd that according to on-chain analyst Yu Jin, "a whale/institution that has profited $76.05 million through ETH swings" is still buying the dip. He bought another 10,000 ETH (worth $42.3 million) through Wintermute half an hour ago, bringing his total purchases to 20,000 ETH today after the price dip, spending 85.956 million USDC at an average purchase price of $4,298.