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Fundstrat co-founder Tom Lee just made a bold move: dumping $82.8M into ETH using dollar-cost averaging strategy. The Arkham Intelligence spotted the wallet withdrawal from Galaxy Digital.
What's interesting here? Lee's not trying to catch the absolute bottom—he's playing the long game with DCA, which actually makes sense given ETH's current volatility. This kind of institutional conviction buying often signals confidence in the broader market narrative.
ETH sitting at $2,730 right now. Whether this is a smart accumulation or just another whale flex? The market will tell in the next few quarters.