Whale 0xC9D6 adds another 900 ETH today — $4.6M in unrealized profit and still buying.

Wallet 0xC9D6 picked up 900 ETH for roughly $2.13 million in today's session, continuing an accumulation run that stretches back to February 15. Over that span the address has acquired 16,900 ETH at an average cost of $2,110, deploying a total of $35.67 million.

With ETH trading above that entry, the position is now sitting on more than $4.6 million in unrealized gains — yet the wallet keeps adding rather than trimming. That kind of sustained conviction buying from a single large address is typically read as a signal that the holder expects significantly higher prices ahead.

Patterns like this — consistent accumulation through volatility, no partial exits despite profit — tend to attract attention from on-chain analysts watching for structural demand.