After selling ETH at high prices, an unidentified entity bought back 3,000.5 ETH on dips and subsequently converted them to BTC.

On October 25, on-chain analyst Aiyi (@ai_9684xtpa) tracked a mysterious entity funded through Tornado Cash that has cumulatively purchased 3,000.5 ETH since October 23, valued at approximately $7.06 million. The assets were subsequently exchanged for BTC via the cross-chain protocol THORChain.

On-chain records show the entity previously sold its ETH in batches and repurchased following the recent price dip. It sold at $3,109 per ETH in January 2026 and at $2,679 per ETH in September, before buying back recently at $2,353 per ETH.