ETH Buying Frenzy! Whales Invest 34 Million to Buy the Dip, How Many Secrets to Wealth Are Hidden in This Signal?
Today, the crypto world is in an uproar as a mysterious whale just spent 34 million dollars to buy 8,109 ETH (average price 4,193 dollars). Even more astonishing: over the past 20 days, it has splurged 84 million dollars to acquire 21,571 ETH (average price 3,894 dollars), with a floating profit exceeding 7 million dollars! This wave of ‘buying more as prices rise’ is rewriting the script for ETH's price trend.
Institutional Accumulation's 'Three Signals' Hide the Future Secrets of ETH
Capital Flow Determines Direction: Institutions are voting with real money, indicating that ETH's long-term value is recognized by top-tier capital. It's important to note that 34 million dollars is not just a casual investment from retail traders; behind this is a professional team's deep analysis of the market. The supply-demand relationship has changed: ETH itself is experiencing continuous deflation due to staking (over 28 million coins locked up), and whales hoarding further reduces circulation. The dual logic of 'buying pressure surging + selling pressure decreasing' is directly equipping prices with a 'spring'. Market sentiment is ignited: institutions daring to continue accumulating at 4,193 dollars suggest their target price is much higher than the current one! Moreover, the cost of 3,894 dollars has already yielded floating profits; this 'profit effect' will spread like a virus, attracting follow-on capital to enter the market.
Data Analysis: How Fierce is the Whale's 'Ambition'?
In 20 days, buying 21,600 ETH is equivalent to devouring 1,080 ETH daily, nearly 1/3 of ETH's daily selling pressure! With an average cost of 3,894 dollars, if the current price stabilizes at 4,200, floating profits will exceed 10 million. The institutions' 'patient holding' contrasts sharply with retail traders' 'buy high sell low'.
Insights on ETH's Trend: Don't be a 'Leek'!
Institutions are positioning for **'long-term value'**, not short-term fluctuations: ETH's merge-induced deflation, Cancun upgrade, LSDfi ecosystem explosion... these 'hard logics' are the foundation for whales buying more as prices fall. For retail traders, following the trend is not the goal; understanding 'why institutions buy' is the key.
Want to Keep Up with the Whales? Tomorrow I will analyze this whale's on-chain historical operations, teaching you how to mine 'wealth clues' from address data! Like + Follow, receive the 'institutional code' of the crypto market in real-time, and don’t fall behind next time to reap the rewards!
