Another big player is taking action👀

A newly registered wallet address 0xC3a…4CC16 made a big move—buying 20,000 ETH in one go, totaling $65.4 million. This order was placed during a market correction, when ETH was bought at $3,269.85 from a top-tier exchange, allowing for a good bargain.

Looking back now, this timing was quite accurate. With only 6 hours of holding, the unrealized profit has already reached $282,000. It’s clear that big players still have strong confidence in ETH’s future, otherwise they wouldn’t be so decisive in investing such a large amount.

What does this level of accumulation usually signify? Big players don’t enter the market during corrections without reason; it’s often based on market judgment and expectations of a price rebound. ETH’s recent performance is worth paying close attention to.