According to Deep Tide TechFlow news on March 12, monitoring by Ai Yi shows that a "whale/institution that made a profit of $33.67 million by buying low and selling high in $ETH" has again increased its position by 10,003 Ethereum, worth approximately $18.65 million, an hour ago. Since December 2023, this address has accumulated a total of 54,005 $ETH, with a total investment of $131 million.
By using a dollar-cost averaging strategy, this whale has lowered its average holding cost to $2,433 per coin, currently facing an unrealized loss of about $30.48 million. This address is suspected to belong to Longling Capital.