Vida from Equation News invests over 1 million dollars in ETH, expecting market recovery

The founder of Equation News has publicly shared his active investment strategy amid signs of recovery in the cryptocurrency market. Vita believes that an investment of over $1 million is a reasonable amount to seize short-term opportunities. In addition to the main buy order, he has set aside an extra $20 million to be prepared for any major market fluctuations.

Ethereum Purchase Strategy at an Attractive Price

In this investment round, Vida bought 1,983.57 ETH at an average price of $2,281 per token. At this price, the buy order has already yielded a profit of nearly $260,000 compared to the current price, confirming that this investment decision was wise. Technical analyst @ai_9684xtpa commented that Vida seems to have insider information about the liquidation situation of “whales,” specifically the unwinding of the position by the “1011 insider whale,” which has created favorable conditions for investors to enter good positions.

Recovery Expectations and Short-term Position Management

Vida’s strategy indicates he is confident that a major crash will not occur in the coming days, especially after the liquidation pressure from large whales has been alleviated. It is expected that Vida will hold his Ethereum position until Monday, when he anticipates the market will recover more strongly. This assumption is based on the idea that once precious metals stabilize again, the cryptocurrency market will have room to grow.

Overall, this investment of over $1 million reflects an active strategy to capitalize on current market sentiment and short-term opportunities in the digital asset space.