Whale's Strategic ETH Accumulation Analyzed
On January 29, new blockchain data revealed by analyst Ai姨 showed a seasoned investor, previously known for generating $14.26 million profit from WBTC trading, quietly accumulating ETH over the past 24 hours.
The wallet address (0x3c9…8f757) withdrew funds from Kraken in multiple transactions, purchasing 4,000 ETH at an average price of $2,994.26 - representing a total investment of $11.97 million. Notably, the most recent withdrawal occurred just two hours ago, indicating ongoing accumulation.
- Total Accumulation: 4,000 ETH
- Average Cost: $2,994.26
- Total Value: $11.97 million
- Current Unrealized Loss: $141,000
While the position currently shows a minor loss, the market is paying close attention given this investor's historically successful track record, which many interpret as a potential long-term bullish signal.