【Blockchain Rhythm】On December 29th, during the decline, a well-known institution took the opportunity to buy the dip and added over 46,000 ETH to their holdings in one go. This move directly lowered their average on-chain cost basis, which has now dropped to $3,105.5. More importantly, the unrealized losses have also shrunk—what was originally a paper loss of $110 million is now close to being recovered, and they have now crossed the actual cost line. Such large-scale replenishment usually signals that institutions still have confidence in the subsequent market trend.
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PumpDoctrine
· 01-06 03:56
Wow, such a move, 46,000 tokens directly thrown in. What is this telling us?
Big institutions are all bottom-fishing, what are we hesitating for?
A floating loss of 110 million to break even, sounds very comfortable.
This rhythm feels like it's about to take off, just marking it first.
Institutional replenishment = big players are optimistic? I choose to believe this logic.
Bottom-fishing hero or bottom-fishing demon, we'll see in December.
Lowering the cost basis is really a tough job; this wave is stable.
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SelfStaking
· 01-05 09:59
This round of adding to the position really takes guts, but on the other hand, throwing in 46,000 ETH so quickly... Is it really just confidence in the market? Or are you forced to cut losses and reverse your position? It's truly terrifying when you think about it.
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ArbitrageBot
· 01-03 14:54
Damn, the institutions are really aggressive with this bottom-fishing, 46,000 coins? I'm about to lose my pants.
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MetaverseHobo
· 01-03 14:51
Huh? 46,000 coins? That's a huge move. I wish I had that much funds too, haha.
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LuckyBlindCat
· 01-03 14:45
Ha, 46,000 coins is indeed a big gamble on the future market.
I really admire institutions buying the dip; the key is they can also average down costs. This calculation has probably been thoroughly considered long ago.
A floating loss of 110 million, time to turn things around. Let's wait for spring, everyone.
But to be honest, does such a large-scale replenishment truly indicate confidence in the future market, or is it just to lower the entry point?
Instead of guessing the institutions' intentions, it's better to watch the subsequent trend. Anyway, retail investors like us are just following the trend.
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AirdropBlackHole
· 01-03 14:27
Yeah, this move is really ruthless. Institutions are not fools.
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46,000 coins? How much is that worth? I probably won't make that much in my lifetime.
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It's the same narrative again, hyping up institutional confidence, but it might just be the prelude to a new round of retail investors getting chopped.
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Still daring to add when floating loss is 110 million USD? That mindset is truly remarkable.
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Wait, this cost line at 3105.5... can it still fall further?
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Institutions adding positions = prices will rise later? I scoff at that; this logic is too naive.
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They really treat retail investors as fools. When others add to their positions, you follow suit, and in the end, you're the one losing.
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If you ask me, this is just laying the groundwork for a big dump.
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It's the same old story. Every time they say institutions are confident, and then? And then there's no follow-up.
Institutions make a large purchase of 46,000 ETH, with an unrealized loss of $110 million about to be recovered
【Blockchain Rhythm】On December 29th, during the decline, a well-known institution took the opportunity to buy the dip and added over 46,000 ETH to their holdings in one go. This move directly lowered their average on-chain cost basis, which has now dropped to $3,105.5. More importantly, the unrealized losses have also shrunk—what was originally a paper loss of $110 million is now close to being recovered, and they have now crossed the actual cost line. Such large-scale replenishment usually signals that institutions still have confidence in the subsequent market trend.