A prominent ETH whale at a high position further increased their holdings by averaging their cost, purchasing an additional 2732 ETH.
BlockBeats News, December 3rd, according to on-chain analyst Ai Auntie (@ai_9684xtpa), a whale who had previously opened a position on September 25th with an average price of $4026 for 736 ETH ($2.96 million) sought to lower their cost basis. On December 2nd to 3rd, they further averaged down by purchasing 2732 ETH at an average price of $2988, investing an additional $8.16 million.
This whale has now invested a total of $11.128 million to acquire 3468 ETH, with an average cost of $3208.8 per ETH, resulting in an unrealized loss of $420,000.
You may also like

BIT Launches Landmark "Same Name Virtual Account" Feature: Ushering in a New Era of OTC Trading that is Convenient, Efficient, and Compliant

Further Oracle Integration Reveals Polymarket's Ambitions

CoinGlass: 2026 Q1 Cryptocurrency Market Share Research Report

Tiger Research: Analysis of the Current Situation of Retail Investors in Nine Major Asian Markets

Forbes: Does quantum technology threaten the encryption industry? But it is more likely an opportunity

What Is Auto Earn? How To Claim Extra Free Crypto On Auto Earn 2026
What is Auto Earn and how do you use it? This guide explains how Auto Earn works and how balance increases and referrals may qualify for extra rewards during Auto Earn Boost Fest.

Auto Earn Compared 2026: Which Exchange Gives The Most Extra Bonus?
What is Auto Earn in crypto? Compare Kraken, OKX, Bybit, Binance, and WEEX Auto Earn features in 2026 and see which platforms provide additional promotional rewards beyond standard yield mechanisms.

Nearly $300M Targeting U.S. Midterm Elections, Tether Exec Leads Crypto Industry's Second-Largest Political Fund

Anthropic's Triple Moment: Code Leak, Government Standoff, and Weaponization

OpenAI and Anthropic both announced acquisitions on the same day, causing dual IPO anxiety.

Forbes: Quantum Technology Threatens the Crypto Industry? But It's More Likely an Opportunity

Rhythm X Zhihu Hong Kong Event Recruitment Skills, Register Now for a Chance to Showcase Live
CLARITY Act 2026 Update: Stablecoin Yield Ban, Senate Compromise, and What It Means for Crypto Markets
The CLARITY Act may reshape stablecoin yield rules, DeFi incentives, and crypto liquidity in 2026. Learn the latest Senate updates, timeline changes, and what the regulation could mean for crypto traders.

Bitcoin mining companies flee for the Nth time

Stablecoin mergers: there will be no "winner takes all"

Warmonger Trump has forgotten about Americans waiting in airport lines for hours

Houthi Have a Checkpoint | Rewire News Morning Brief

The Money-Saving Philosophy of the AI Era: How to Spend Every Token Wisely
BIT Launches Landmark "Same Name Virtual Account" Feature: Ushering in a New Era of OTC Trading that is Convenient, Efficient, and Compliant
Further Oracle Integration Reveals Polymarket's Ambitions
CoinGlass: 2026 Q1 Cryptocurrency Market Share Research Report
Tiger Research: Analysis of the Current Situation of Retail Investors in Nine Major Asian Markets
Forbes: Does quantum technology threaten the encryption industry? But it is more likely an opportunity
What Is Auto Earn? How To Claim Extra Free Crypto On Auto Earn 2026
What is Auto Earn and how do you use it? This guide explains how Auto Earn works and how balance increases and referrals may qualify for extra rewards during Auto Earn Boost Fest.
