Two Addresses Buy 2,600 ETH at $1,985 Amid $2.13M Loss

Two cryptocurrency addresses have recently purchased 2,600 ETH at a price of $1,985.19, totaling approximately $5.161 million. These addresses, identified as 0xb12…FfAA and 0x826…3cdF, initially accumulated Ethereum at an average price of $3,327 on January 14. Currently, they hold a combined total of 4,200 ETH with an average cost basis of $2,496.38.

The recent acquisition has resulted in an unrealized loss of $2.133 million for the entity, reflecting the current market conditions. This move highlights ongoing strategic positioning in the Ethereum market despite the prevailing price challenges.