According to ChainCatcher news, on-chain analyst Yu Jin monitored that ETH band whales, after cutting losses yesterday afternoon, have re-spent 82.34 million USDT to buy 25,204.6 ETH in the past 7 hours, at an average price of $3,322. Among them, 34.5 million USDT was borrowed from Aave by collateralizing ETH, which means he not only invested all his funds but also added a bit of leverage (seemingly this is also his first attempt at using leverage).

ChainCatcher message, according to Ember monitoring, a certain wave of whales returned to ETH after failing to harvest BTC: he bought 11,257.7 ETH (approximately 40.07 million USD) at an average price of $3,560 during the drop half an hour ago.