Ethereum OG, which sold 60,000 ETH at a high price a week ago, has spent $55.8 million to buy them back at a lower price.

CoinFeed reported on June 7th that, according to Lookonchain monitoring, Ethereum OG, which sold 60,000 ETH (worth $117.25 million) and 9,442 wstETH (worth $24 million) a week ago at approximately $2,040, is now buying back ETH. Over the past two days, it has spent $55.8 million to buy 35,723 ETH at an average price of $1,563 per ETH, and may continue to buy.