Smart Money Wallet Buys 5,283 Ether for $11.48 Million in Two Days

A wallet described as smart money bought another 1,344.18 ETH for $2.83 million on-chain, lifting its three-day accumulation to 6,627.79 ETH worth $14.28 million. The combined position has an average cost of $2,153.95 and is currently down $165,000. The source also states that the wallet previously accumulated 11,004 ETH in 2016 at an average cost of $3.45 and realized $30.38 million in profit on that earlier trade.

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