$ETH Mysterious Giant Whale Bets on ETH! $130 Million Invested, Unrealized Loss Exceeds $30 Million!
As Ethereum drops, funds pour in more aggressively. This mysterious buyer, suspected to be an institutional player, has accumulated a total of 54,005 ETH since last December, with a total value of up to $131 million.
Just now, they have added another 10,003 ETH, investing $18.65 million, bringing their holding cost down to $2,433.
However, the market has not been kind, and this massive bet currently has an unrealized loss of $30.48 million. In this tumultuous market, is this major player making a calculated bottom call, or is it just a big gamble?