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As the Crypto Assets market continues to be turbulent, a striking phenomenon is unfolding. A mysterious Wallet starting with Address 0xdf0 has demonstrated astonishing purchasing power in the past 72 hours, accumulating 79,461.38 ETH, worth approximately 299 million USD. This bold move has sparked widespread follow in the market.
Despite the market downturn, this Address still maintains a positive buying attitude. It is worth noting that just 3 hours ago, when the ETH price fell, this Address received 16,495.15 ETH from Galaxy Digital, worth approximately $58.5 million. This operation effectively lowered the average cost price of its overall ETH holdings to $3,763.53.
However, due to the ongoing market volatility, the floating loss for this Address has reached $22.056 million. Nevertheless, this Wallet Address does not seem to be affected by the short-term loss and has continuously increased its ETH holdings during the market downturn.
This strategy of continuously buying during market declines demonstrates the address owner's strong belief in the long-term value of ETH. However, such large-scale operations have also sparked numerous speculations among market participants regarding their true identity and intentions.
In any case, this series of actions undoubtedly adds a touch of brightness to the current Crypto Assets market and provides investors with a unique perspective to observe. As the market continues to develop, we will closely follow the subsequent movements of this mysterious Address and its potential impact on the entire ETH market.