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Gate Square New & Returning Creator Rewards are ongoing!
Your ideas may be more valuable than you think!
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#数字资产市场洞察 Something interesting happened. The big investor who shorted after the 1011 crash and got heavily slapped in the face has returned — this time adding to their Ethereum long positions. According to on-chain data, this address currently holds 203,340.64 ETH, worth approximately $578 million.
Let's do some calculations to make it more interesting: this person's average entry price is $3,147.39, with an unrealized loss of $61 million. Including previous positions, the total account value is about $697 million, with an overall paper loss of $69.42 million.
This is the true picture of the crypto market — major players continue to add to their positions despite unrealized losses. Are they optimistic about the future, or are they forced to top up? Only time will tell.