There's a whale whose recent moves are quite interesting—a textbook example of the "buy the dip" strategy 😂.

Here's a timeline of their positions:
• On September 25, they bought in at a high of $4,026, snapping up 736 ETH in one go and putting in $2.96 million.
• After holding for over two months, they finally got a chance to buy the dip in early December—on December 2-3, they aggressively bought another 2,732 ETH at $2,988 each, adding another $8.16 million.

Now, this address starting with 0xE0e holds a total of 3,468 ETH, with a total investment of $11.128 million, which puts their average cost at $3,208.8. At the current price, they're still at a floating loss of about $420,000.

This move is truly a textbook case of averaging down—just not sure what their target price is 🤔.