Remember that mysterious big player who precisely shorted during the 1011 flash crash? Now he’s reversed his position and is going long on ETH, with a position size directly hitting $150 million, and even the limit orders are ready—the total size is over $230 million.

Current account status: holding nearly 49,000 ETH, worth about $154 million at the current price, with a cost basis around $3,045, and already showing an unrealized profit of almost $5 million. What’s even more intense is that he’s placed buy orders for more than 25,000 ETH in the $3,000–$3,094 range, ready to take on over $76 million.

This move means he’s either convinced Ethereum is about to take off or is prepared to use massive funds to support the price. Retail investors can just sit back and watch the show—when chips of this size are being shifted, market sentiment is bound to shake.