The moves of the large whale nemorino.eth are quite interesting. Last night, they sold 3,000 WETH at $3095 price level, and just five minutes later, they quickly bought it all back at $2991.29. This tactic is a classic T-shaped attack—selling high and quickly buying low, effectively lowering their average cost from $3045 .

Currently, this whale's wallet holds 7,104.13 WETH, with an average cost of $3,045.24. At the current price, they are still floating at a loss of $390,000. Honestly, this kind of swing trading is quite common among big players, relying on ample liquidity and market rhythm to adjust their position costs through quick in-and-out moves.

What's interesting is that this operation occurred at a relatively sensitive time. Recently, there have been quite a few voices boosting confidence in the market, and many are rethinking their holding strategies. The actions of whales often reflect the true judgment of institutions and major players about the future market. Could this rapid lowering of WETH also be signaling something?