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According to a report from Deep Tide TechFlow on April 29, an on-chain analyst Lookonchain (@lookonchain) monitored a wallet address that conducted a large amount of Ether transactions in a short period. The address bought 14,994 ETH (approximately 27 million USD) at an average price of 1,801 USD, and then just 3 hours later sold 4,491 ETH (approximately 8.07 million USD) at an average price of 1,797 USD.