Are you still buying after the dip? Let's take a look at the real actions of the big players.

In the past couple of days, Ethereum has been a bit disappointing, and many people have started to doubt themselves and their strategy. But on the other side of the exchange, a long-term bullish whale on Ethereum is completely playing by different rules—continuing to add to his position during the pullback.

Recently, this guy withdrew a total of 1299 ETH from the exchange, with a transaction price around $3129, all in just 5 minutes. The lightning-fast move clearly indicates a professional player's rhythm.

What's even more interesting is his account data. Currently, he holds 51451 ETH, with a total value of $161 million. The average cost basis is about $3117—meaning he's already deeply in the position but continues to add more.

Retail investors see unrealized losses and drawdowns, thinking about whether to cut losses to preserve capital. But smart money sees something entirely different—they focus on the chips. When others panic and buy at low prices, this strategy has been perfected. This whale's move, to some extent, is a bet that the market will ultimately move in his favor.