Interesting on-chain movement: a new wallet aggressively bought the dip during the market correction window. Six hours ago, during the market pullback, this address purchased at a major exchange at a price of $3,269.85, building a position of 20,000 ETH with a total investment of nearly $65.4 million.
Since then, ETH has performed quite well, and this position is now showing an unrealized profit of $2.82 million. What seems like a simple buy and sell reflects the whales' market judgment—they vote with real money, and a pullback is their opportunity to get on board. This also reminds retail investors: during the most pessimistic market sentiment, smart money often buys the dip.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
16 Likes
Reward
16
4
Repost
Share
Comment
0/400
MEVvictim
· 14h ago
When whales move, retail investors have to follow suit. To put it simply, it still depends on whose funds are more aggressive.
View OriginalReply0
MidnightGenesis
· 14h ago
On-chain data shows that this move is quite interesting, with a 6-hour time window and precise price points... It’s worth noting the deployment time of this wallet. Based on past experience, large inflows like this often have prior signals, so I need to review the contract change records.
View OriginalReply0
ruggedNotShrugged
· 14h ago
Whales are eating, retail investors are drinking soup—this is the reality.
View OriginalReply0
MetaNeighbor
· 14h ago
Wow, 65.4 million USD in one go. This move is truly incredible. I missed it before I even had a chance to get dressed.
Interesting on-chain movement: a new wallet aggressively bought the dip during the market correction window. Six hours ago, during the market pullback, this address purchased at a major exchange at a price of $3,269.85, building a position of 20,000 ETH with a total investment of nearly $65.4 million.
Since then, ETH has performed quite well, and this position is now showing an unrealized profit of $2.82 million. What seems like a simple buy and sell reflects the whales' market judgment—they vote with real money, and a pullback is their opportunity to get on board. This also reminds retail investors: during the most pessimistic market sentiment, smart money often buys the dip.