Ethereum Whale Buys 3,297 ETH for $10M DAI at $3,035 Each, Expands Holdings by 657 ETH After Earlier $790k Loss

As reported by COINOTAG News on December 3, OnchainLens tracked a whale address that deployed DAI to acquire 3,297 ETH at roughly $3,035 per ETH. The same wallet previously bought 2,640 ETH for $10.79 million and later sold those holdings for $10 million, realizing a $790,000 loss. Net, the holder’s ETH balance increased by 657 ETH. Addresses involved: 0x0741c7e02d097383861a2c8b9bf7593503b9b748, 0x489defef6d8ea607a52249e0a345476f54090f74.

This on-chain activity suggests deliberate accumulation by the investor, using DAI liquidity to tilt exposure toward ETH while absorbing a modest prior loss. Such market signals enhance liquidity depth analysis for readers monitoring wallet-level actions. As always, these data points should be weighed alongside broader fundamentals and price action.