An Ethereum OG bought another 3,942 ETH.

CoinFeed reported on May 23 that, according to lookonchain monitoring, another Ethereum OG (Original Expert) has bought ETH at the bottom as the market declines. He previously earned $34.2 million (a 376x return). Ten years ago, this OG bought 12,001 ETH from ShapeShift at just $7.58 each. A little over a year ago, he sold them at $2,856, receiving 34.3 million USDC, a profit of $34.2 million (a 376x return). Today, after the ETH price drop, he has started buying again. So far, he has bought 3,942 ETH ($8.08 million) at $2,049, and he may continue to buy.