According to on-chain data tracking, on February 11, the well-known swing trading address '0xfda…39f26' reappeared in the market, accumulating 3,700 ETH two hours ago, currently valued at approximately $7.31 million.
Notably, the whale purchased at an average price of $1,975.01 per ETH. Historical records show that this address previously generated over $673,000 in profit through ETH swing trading between May and December 2025.
This significant buying activity indicates that despite market adjustments, large capital continues to strategically position itself in Ethereum, suggesting ongoing confidence in its long-term potential.