A newly created address added another 16,500 ETH early this morning, accumulating nearly 80,000 ETH over the past three days

BlockBeats News, August 2 — According to on-chain analyst Ai Yi (@ai_9684xtpa), monitoring shows that a new address, 0xdf0...e2EF3, has accumulated a total of 79,461.38 ETH (approximately $299 million) over the past three days, and is currently sitting on an unrealized loss of $22.056 million.

This address received another 16,495.15 ETH (about $58.5 million) from Galaxy Digital during the price drop early this morning, bringing the average purchase price of its entire ETH position down to $3,763.53.