A whale recently invested $8.16 million to buy 2,732 ETH, resulting in a total unrealized loss of $420,000 on its ETH holdings.

Address 0xE0e...19865 has entered the second phase of its position building: lowering the average price. On September 25, it bought 736 ETH at a high price of $4,026, spending $2.96 million. From December 2 to December 3, it added 2,732 ETH at an average price of $2,988, investing another $8.16 million.