Smart Money Increases Ethereum Holdings Following Market Dip

According to Odaily, on-chain analyst Ai Yi has observed a significant increase in Ethereum holdings by a trader known for making strategic moves. Following the market dip on October 11, this trader, who previously leveraged a 25x long position on Ethereum, has added to their holdings after an eight-day interval. In the past 15 minutes, the trader has increased their Ethereum long position by 2,621.95 ETH, valued at approximately $9.96 million. Additionally, they have placed a limit order for 700 ETH within the price range of $3,804.8 to $3,809.9, worth $2.66 million. Currently, the trader holds a total of 16,380.08 ETH in long positions, amounting to around $62.35 million, with an unrealized profit of $1.58 million.