Key Takeaways:
Wallet 0x65B4 bought back 7,448 ETH worth $17.5M at $2,350, days after selling 10,829 ETH at $2,300. The reentry at a higher price signals renewed confidence in ether following the KelpDAO exploit and Aave liquidity shock. Bitmine separately added 101,627 ETH worth $233 million on April 23, reinforcing broad institutional ETH demand at current levels. Sold, Then Bought Back HigherThe round trip leaves the wallet with a smaller net position of 7,448 ether after the rebuy versus 10,829 ether before the sale. But the decision to accumulate at a higher price than the exit point suggests the operator views current levels as a buying opportunity rather than treating the recent move as a top. A wallet trimming and walking away would not repurchase within days at a higher price.
KelpDAO Aftermath Creates an Entry Window
