COINOTAG reported on September 26 that, according to @EmberCN monitoring, a single whale or institution that previously realized $76.05 million from ETH swing trading has continued to buy the dip, adding 60,333 ETH at an average price of $4,256 and currently showing an unrealized loss of roughly $20 million.
Transaction-level details indicate purchases on 9/20 (16,569 ETH at $4,484), 9/22 (20,000 ETH at $4,298), 9/25 (13,764 ETH at $4,133) and 9/26 (10,000 ETH at $3,965). The address had earlier deployed approximately $330 million in June to accumulate 132,000 ETH at an average cost basis near $2,540 and later realized about $50 million in profit with an average sell price around $2,923.
This documented activity underscores meaningful ETH accumulation by a large participant and highlights implications for Ethereum market liquidity, position sizing and realized versus unrealized P&L, without projecting future price movements.