According to @EmberCN, a trader with an 81% success rate in ETH and BTC swing trades, recently purchased 392.7 WBTC at an average price of $85,583 following a market decline, totaling $33.6 million. Currently, the trader holds 576.3 WBTC valued at $49.13 million with an average cost of $85,751, and 4216 ETH valued at $8.04 million with an average cost of $2,090. Notably, he sold 495.5 WBTC at a peak price of $88,009 two days ago for $43.6 million, demonstrating strategic market timing.

According to Crypto Rover, the US Government has transferred 884 ETH valued at $1.77 million. The destination of these funds is currently unclear, but such movements could indicate strategic repositioning within government-held cryptocurrency assets. Traders should monitor subsequent activity for potential impacts on ETH market supply and demand dynamics.