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Last night, ETH's market was quite volatile—rising to a high of $3308, then dropping back down to $3183, swinging back and forth.
Interestingly, during this downward trend, the wallet 0xbbD…4B5d5 was relentlessly buying in the past hour. Based on an average price of $3276.12, this individual purchased a total of 1314.74 ETH, investing $4.307 million.
A classic contrarian accumulation strategy—while others panic and sell off, large investors tend to accumulate at the bottom. This kind of wallet activity often signals a market rebound. It’s worth paying attention to the subsequent price movements.