On October 16, according to on-chain analyst EmberCN (@EmberCN), a certain whale/institution that had previously profited $93.74M from ETH band trading has begun to buy ETH again at the bottom. After clearing its position at the beginning of the month at an average price of $4,458.00, the whale transferred 39.87M USDC to Wintermute 8 hours ago, then withdrew 10,000 ETH at a purchase price of $3,987.00. [Techflow]