The ETH trader is currently stuck: After the drop yesterday morning and early today, he spent a total of 48.38 million USDT to buy 12,525.4 ETH at an average price of $3,863.

The current ETH price is $3,680, and the trader is now facing a floating loss of $2.3 million.

Speaking of which, according to the trader's previous strategies, he usually waits it out after getting stuck (or waits for a rebound).

Address:

0x6c2a355929ee1262305e385ad49b84fe5f5a4777

0x2c89a2ee92b9870f55989b4132a58c0e85222d86