A mysterious big holder has started buying ETH aggressively again!



Just half an hour ago, this guy added another 20,000 tokens. Now he holds 140,094.52 ETH, which is worth $446 million at the current price. His average entry price is $3,179.54, with an unrealized profit of $690,000.

Interestingly, this position size is just under $500 million less than the short position before the flash crash on October 11 last year ($500 million). That move back then was quite memorable for many.

Is this a reverse bet? Or is there some other plan? Anyway, such a large-scale move is something the market has to consider carefully.
ETH-3.59%
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YieldHuntervip
· 12-11 15:42
yo hold up... if you look at the data, that correlation coefficient between whale buys and actual pump conviction is like... not there. technically speaking, degens see big number go brrrr and suddenly it's "market moving" lmao
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CryptoGoldminevip
· 12-11 15:42
The average price of 1.4 million ETH is only 3,179, and this ROI is indeed impressive. However, compared to the computing power yield ratio, this approach is still too rough. This brother's holding strategy is worth reviewing. From a technical perspective, the timing of the low buy-in was indeed well-judged.
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AirdropHunter420vip
· 12-11 15:41
Damn, here they come again? Is this guy really bottom-fishing, or is he just digging a hole for us?
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shadowy_supercodervip
· 12-11 15:41
Holding 140k ETH silently, this guy is truly a tough one. His cost basis is only 3179, and a mere wave of price increase can be worth tens of millions. It's really hard to hold back. With a market cap of 500 million USD, the last time it was such a move was a big event. Is he adding more this time? I can smell it.
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RugPullAlarmvip
· 12-11 15:29
1.4 million ETH? No, let me count again... Over 140,000? The on-chain data doesn't match. Is this address newly created? Need to dig into the contract audit records.
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MysteriousZhangvip
· 12-11 15:22
Whoa, here we go again? This guy really can't hold it anymore. Once this level of chips moves, I start to panic.
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MondayYoloFridayCryvip
· 12-11 15:20
Damn, this guy is really throwing money around. 1,400,000 ETH isn't a joke.
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