TechFlow reports that on May 18, blockchain analyst Ai Aunt (@ai_9684xtpa) observed a “smart money” address re-entering the market after a one-year hiatus. This address originally accumulated 11,004 ETH in 2016 at an average price of $3.45, realizing a profit of $30.38 million. Over the past two days, it has purchased a total of 5,283.61 ETH on-chain, valued at approximately $11.48 million, with an average cost of $2,172.70 per ETH. It currently holds an unrealized loss of roughly $320,000.
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