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Shocking! A large-scale fund holder has shown astonishing investment determination after the pullback in Ethereum prices. In just the recent 6 hours, this investor has already invested 127 million USDC to purchase over 48,800 ETH.
The actions of this investor are worth paying attention to:
First, the investor has previously made over $30 million in profits through two price fluctuations of Ethereum, demonstrating a strong market insight.
Secondly, starting from the 11th, investors launched the third round of ETH buying plan, initially using 46.494 million USDC to purchase about 16,500 ETH.
In the early hours of today, with a significant drop in the price of ETH, the investor did not stop taking action but continued to increase their position. So far, the investor has transferred a total of 127 million USDC to Wintermute and Coinbase platforms and has transferred the 48,825 ETH purchased back to their own address.
Overall, this investor's third round ETH strategy has accumulated an investment of 174.1 million USD, purchasing a total of 65,325 ETH at an average cost of 2,665 USD. It is worth noting that, based on the current market price, these holdings are temporarily at a loss.
This large-scale movement of funds has attracted widespread attention in the market: can this investor profit again like the last two times, or will they give back the previous profits? The investor's wallet address is 0xd8d041705735cd770408AD31F883448851F2C39d.
From a more macro perspective, such a scale of capital investment may reflect the confidence of certain large investors in the medium to long-term trend of Ether, despite the intensified short-term market fluctuations. This positive response to market adjustments also provides ordinary investors with a different perspective to consider.