💰 Large Capital Re-enters Ethereum — A New Swing Trade Emerges
Signs of serious money returning to $ETH are starting to surface.
Over the past few hours, two wallets tied to the same entity have quietly re-entered the market, accumulating a combined 5,678 ETH at an average entry price of $2,985.7. The total capital deployed sits at roughly $16.95 million, pointing to the start of a fresh, deliberate swing trade.
This isn’t unfamiliar behavior.
Earlier this month (Dec 3–12), the same participant executed a similar Ethereum swing, deploying $14.97M and closing the trade with a $137K profit. The gains weren’t outsized — but the execution was clean and consistent. At this level, process matters more than headline returns.
Breakdown of the current accumulation:
Wallet 1: Accumulated 2,298 ETH (~$6.85M) within the last 2 hours
Wallet 2: Gradually added 3,381 ETH (~$10.07M) over a longer window
Taken together, the behavior suggests intentional positioning rather than reactive buying.
With Ethereum currently trading around $2,978, the message is straightforward:
size is stepping back in — slowly, methodically, and with purpose.
Worth keeping on the radar.
