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Interesting, a certain Whale has really gotten carried away with ETH recently.
In the last 12 hours, this guy holding 124 million USD has started buying again – at an average price of 3013.25 USD, he directly acquired 13117 ETH, investing 39.52 million USD.
Looking back at the accounts, from November 15th until now, he has accumulated 19199.91 ETH, with a total investment of 5870.5 million USD, and an average cost of 3057.78 USD. Based on the current price? He has a paper loss of 1.59 million USD.
The floating loss is still increasing, is this operation a bottom-fishing belief or is there another plan? Anyway, actions of this scale are worth keeping an eye on for future developments.