$ETH Whale Deploys Over $11 Million To Accumulate ETH, currently losing $420,000

A whale address 0xE0e...19865 is executing an aggressive DCA strategy to salvage a previous top buying position.

🔸 Specifically, after buying 736 ETH at the $4,026 peak on 25/09, this whale utilized the recent dip (02/12 to 03/12) to purchase an additional 2,732 ETH at a much better average price of $2,988.

🔸 In total, this big player has invested $11.128 million to hold 3,468 ETH, successfully lowering their average cost basis to $3,208.8. Although still sitting on a floating loss of $420,000, the position is significantly safer.

Aggressively injecting another $8 million to average down indicates strong long term confidence in Ethereum. Are you ready to add capital to DCA like this whale, or would you cut your losses?

News is for reference, not investment advice. Please read carefully before making a decision.