A trading team has been continuously increasing their positions over the past 13 hours—adding a total of 24,555 ETH in one go. This is not luck; it’s a clear strategy.

According to on-chain data, this wallet withdrew a large amount of ETH from Binance in three transactions, totaling $75.33 million, with an average price of $3,076.06 per transaction. Even more interesting, since publicly announcing their accumulation plan on November 23, the total ETH holdings of this team have already accumulated to 661,272.65 ETH—an intimidating scale.

Let’s do the math: their current average cost is approximately $3,104.36, and the unrealized loss has already reached $90.08 million. What does this indicate? This guy is bearish on the market, persistently accumulating at high levels. No matter how the price drops, the chips are still in their hands. This is a classic "buy on dip" strategy—either they have enough confidence in the market or they are betting against the trend.

Such large-scale actions often become market indicators, and many traders watch these movements closely to adjust their strategies.