200,000 tokens? This holding size is truly astonishing😵‍💫

The big investor who bought against the trend after the flash crash at 1011 has made a new move. Data shows that this trader recently increased their ETH long position, now holding 203,340.64 ETH, with a single-coin position worth $578 million.

What’s impressive is that their average entry price is stuck at $3,147.39, which means they are currently floating at a loss of $61 million. The total position value is $697 million, with an unrealized loss of $69.42 million.

This method of continuously adding to the position during a pullback indicates that this investor’s outlook on ETH remains quite firm. Although there are some paper losses at the moment, in the volatility of the crypto market, this kind of patience in holding positions can often lead to different results.