PANews reported on November 8 that according to monitoring by on-chain analyst Ember, a swing trader repurchased 11,267.7 ETH at an average price of $2,919 for 32.89 million USDT in the past 30 minutes. The trader sold ETH when it rose to $2,609 the day before yesterday, and apparently planned to wait for a pullback before buying it back. However, this time ETH continued to rise to $2,900, forcing the trader to repurchase ETH for fear of missing out (FOMO).