Whale reinvests 20 million, counter-cyclical buying of ETH! Are they insane, or are we just shortsighted?
4 hours ago, the whale address 0x7055 borrowed another 10 million USD (USDC) from Aave to make a purchase, buying 4,170 ETH at an average price of 2,400 USD.
Do you think this is already impressive? Wrong, on June 12, he just bought 31,000 ETH for 2,759 USD, with a total investment of up to 86.79 million USD!
Now the question arises:
This whale not only did not flee amid panic but instead bought more as prices dropped and leveraged more precisely — all with high leverage and precise timing. This behavior can only be explained in two ways:
1. He knows something we don’t
2. He’s crazy, but has enough money to afford being crazy
