Latest crypto news: important trader strengthens positions in ETH and cbBTC

rugpull_ptsd · 2026-02-12T03:10:10+00:00

In the cryptocurrency market, a notable trader is significantly accumulating assets amid volatility, adding 23,000 ETH in 15 hours. Their strategy involves acquiring about 19,283,746,565,748,392,010 million in digital assets, with a strong belief in Ethereum despite current losses.

rugpull_ptsd

2026-02-12 03:10:10

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In the cryptocurrency market, a prominent operator is implementing a significant accumulation strategy during this period of volatility. According to the latest crypto news reported by Odaily, the trader has decided to substantially increase their exposures as prices fluctuate in the market.

Accumulation Strategy During Market Fluctuations

In the past 15 hours, the trader has added approximately 23,000 ETH to their portfolio, continuing a position reinforcement strategy that has characterized the last three days. During this period, the operator has acquired a total of about $262 million in digital assets, divided between 83,392 Ethereum at an average price of $2,450 and 750 cbBTC at an average cost of $77,040 per unit.

This movement is particularly significant considering that the trader previously generated profits close to $98.95 million through Ethereum transactions, demonstrating a strong confidence in this asset despite current market fluctuations.

Position Analysis and Current Portfolio Evaluation

The overall portfolio composition reveals a substantial exposure: the trader currently holds about 173,000 ETH, valued at the current price of $1,960 per unit, totaling approximately $3.39 billion. Additionally, there are 750 cbBTC valued at roughly $57.78 million at an average price of $77,040.

The average acquisition cost for Ethereum is around $2,667 per token, while for cbBTC it remains at $77,040. With ETH’s current price at $1,960, the operator highlights an overall unrealized loss estimated at about $115 million on the Ethereum position. However, this gradual accumulation strategy suggests a long-term view of the crypto news market and the underlying projects.

ETH2,08%

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