As the cryptocurrency market continues to fluctuate, large investors are actively expanding their positions. In particular, concentrated buying of Ethereum (ETH) and cbBTC signals a significant shift in investment strategy within the crypto asset market. According to Odaily reports, over the past three days, these investors have投入ed approximately $262 million into these two assets.
Background of Simultaneous Buying of ETH and cbBTC
This large investor has previously realized a profit of about $98.95 million from ETH transactions. Responding to recent market trends, they have added approximately 23,000 ETH to their portfolio in just the past 15 hours. This aggressive accumulation clearly indicates a bullish outlook on both assets.
Specifically, the investor has purchased 83,392 ETH at an average price of $2,450, and 750 cbBTC at an average price of $77,040. These figures suggest that the investor is deliberately aiming to build a balanced position across both assets.
Current Portfolio Composition of the Investor
Currently, this investor holds approximately 173,000 ETH, worth about $406 million. They also hold 750 units of cbBTC, valued at roughly $57.78 million.
The overall average purchase price for the portfolio is about $2,667 for ETH and $77,040 for cbBTC. Notably, compared to the current ETH price hovering around $2.07K, it is evident that the investor has been building positions at lower price levels than before.
Decoding Large Investor Movements in the Crypto Market
With an unrealized loss of approximately $55.11 million, it can be inferred that the investor maintains a bullish outlook on their current positions. The large-scale accumulation in the crypto market suggests strategic decisions by institutional investors expecting a long-term market recovery.
The simultaneous investment in ETH and cbBTC is not merely portfolio diversification but a strong signal of confidence in the future potential of both assets. Considering that institutional investor activity often leads overall market sentiment shifts, the actions of this major investor are worth close industry attention.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Amidst the turbulence in the crypto market, large investors are expanding their positions—shifting strategies in the household market
As the cryptocurrency market continues to fluctuate, large investors are actively expanding their positions. In particular, concentrated buying of Ethereum (ETH) and cbBTC signals a significant shift in investment strategy within the crypto asset market. According to Odaily reports, over the past three days, these investors have投入ed approximately $262 million into these two assets.
Background of Simultaneous Buying of ETH and cbBTC
This large investor has previously realized a profit of about $98.95 million from ETH transactions. Responding to recent market trends, they have added approximately 23,000 ETH to their portfolio in just the past 15 hours. This aggressive accumulation clearly indicates a bullish outlook on both assets.
Specifically, the investor has purchased 83,392 ETH at an average price of $2,450, and 750 cbBTC at an average price of $77,040. These figures suggest that the investor is deliberately aiming to build a balanced position across both assets.
Current Portfolio Composition of the Investor
Currently, this investor holds approximately 173,000 ETH, worth about $406 million. They also hold 750 units of cbBTC, valued at roughly $57.78 million.
The overall average purchase price for the portfolio is about $2,667 for ETH and $77,040 for cbBTC. Notably, compared to the current ETH price hovering around $2.07K, it is evident that the investor has been building positions at lower price levels than before.
Decoding Large Investor Movements in the Crypto Market
With an unrealized loss of approximately $55.11 million, it can be inferred that the investor maintains a bullish outlook on their current positions. The large-scale accumulation in the crypto market suggests strategic decisions by institutional investors expecting a long-term market recovery.
The simultaneous investment in ETH and cbBTC is not merely portfolio diversification but a strong signal of confidence in the future potential of both assets. Considering that institutional investor activity often leads overall market sentiment shifts, the actions of this major investor are worth close industry attention.