Last night's ETH price action was quite volatile — it surged to $3,308 at its peak, then turned around and plunged to $3,183, oscillating back and forth.
What's interesting is that during this downtrend, the wallet 0xbbD…4B5d5 kept buying aggressively over the past 1 hour. Based on an average price of $3,276.12, this whale scooped up 1,314.74 ETH in one go, deploying $4.307 million.
A classic counter-trend accumulation strategy — while retail panic sells, major holders are positioning at the bottom. This type of wallet behavior often signals a market rebound. Worth watching the subsequent price movement closely.
Last night's ETH price action was quite volatile — it surged to $3,308 at its peak, then turned around and plunged to $3,183, oscillating back and forth.
What's interesting is that during this downtrend, the wallet 0xbbD…4B5d5 kept buying aggressively over the past 1 hour. Based on an average price of $3,276.12, this whale scooped up 1,314.74 ETH in one go, deploying $4.307 million.
A classic counter-trend accumulation strategy — while retail panic sells, major holders are positioning at the bottom. This type of wallet behavior often signals a market rebound. Worth watching the subsequent price movement closely.