A whale spent $14.57 million to purchase 7,008 $ETH at $2,079 — and what's interesting to me is the entry point wasn't below $2K, it was just above it. That distinction matters more than people give it credit for.
Buying below a key level is speculation on recovery. Buying just above it, after confirmation, is a different psychology entirely. This address waited for the reclaim, then deployed eight figures. That's not FOMO, that's patience with capital behind it.
The $2,000 $ETH level has flipped hands a few times in recent months. Historically, when large wallets start sizing in after a reclaim rather than before, it tends to reflect growing confidence in the level holding as support — not just a bounce trade.
Whether this single move means anything in isolation is debatable. But on-chain, it's the pattern of when whales buy that usually says more than how much.