Whale Investor Doubles Down on ETH after Recent Losses

A major cryptocurrency investor, with the address 0x8d0, has taken a substantial new long position in Ethereum (ETH) at $3,021, totaling approximately $15.11 million, following a recent series of trades that saw losses exceeding previous positions. This move comes after closing prior ETH and Solana (SOL) positions today with a modest profit of around $400,000. This investor has been active in the crypto market since November 3rd, achieving a weekly success rate of 27% despite experiencing monthly losses that peaked at $6.7 million, now more closely approaching $5.32 million. The account currently holds $13.7 million in funds.