Late-night transfers, exchange withdrawals, averaging $2,574 for building positions, still increasing positions with an unrealized loss of $18.35 million.
Core dynamics
Bought 30,000 ETH worth $72.32 million in 8 hours, accumulated 115,400 ETH in the past 10 days, costing $297 million USDC;
Historical winning rate of 82%, previous two trades profited $30.45 million;
Ammunition not exhausted: Address still holds 30 million USDC, suggesting a buy-on-dips strategy.
Three key signals: Why are whales buying more as prices fall?
Institutional funds entering simultaneously
On June 12, whale addresses holding 1,000-10,000 ETH saw a net increase of 871,000 coins in one day, reaching the highest holding level since 2017;
ConsenSys affiliated addresses bought $421 million ETH OTC in two weeks;
Exchange ETH reserves exhausted, staking volume exceeded 35 million coins, increasing by 500,000 monthly.
Technical breakout imminent
ETH compressed in the key support range of $2,480 to $2,750 triangular zone;
ETH/BTC implied volatility reaches twice the five-year average, indicating major volatility is approaching.
Fundamental catalysts gaining momentum
Spot ETF net inflows for 19 consecutive days, weekly average of $500 million;
Q3 Pectra upgrade will accelerate transaction confirmation, staking cap raised to 2,048 ETH;
Layer 2 processing efficiency reaches 5 times that of the mainnet, averaging 100 million transactions per day, ecosystem expansion accelerates.
Risk warning
Macroeconomic volatility transmission: BTC and US stock correlation 0.75, geopolitical conflicts may trigger selling pressure;
Derivatives leverage risk: In June, a single day saw $290 million liquidated;
Key defense line: If it falls below $2,320, it may trigger a stop-loss wave.
Historical pattern: Assets that whales accumulate while at a loss have a 78% probability of excess returns within 3 months. When supply tightens, exchanges run dry + staking lockup meets surging demand, this $300 million bet has heard the sound of a rebound wave.
$ETH
Follow Big D for wealth insights! Daily in-depth market analysis + cutting-edge news, professional team guiding you on the path to doubling your investment.
#加密市场回调
