Ethereum Investor Accumulates 3,002 ETH Amid Market Dip, Now Holds $4 Million

On December 17, COINOTAG reported a significant move in the Ethereum market, as the prominent Ethereum address 0xc3d made a noteworthy investment on September 9. During this period, when Ethereum (ETH) dipped to a considerable low of $23,000, 0xc3d allocated $6.97 million to acquire approximately 3,002 ETH. Recently, this address further strengthened its position by transferring 2,000 ETH—valued around $8.01 million—to the Bybit exchange, generating an estimated profit close to $1.04 million. As of now, the investor retains a substantial holding of 1,005 ETH, estimated to be worth about $4 million. These strategic movements reflect a calculated approach amid market fluctuations, highlighting the increasing interest and confidence in Ethereum among savvy investors.