The whale who bought ETH at an average price of $4710 carried out a dollar-cost averaging strategy to buy an additional 1354 ETH.

BlockBeats News, September 7th, according to on-chain analyst Ai Yi (@ai_9684xtpa), the whale address "0x54d...e6029" bought ETH at $4710 and is currently dollar-cost averaging. This address previously bought 1354 ETH at $4282 (about $5.8 million), and after this additional purchase, its average price for 3477 ETH has decreased to $4543. The address is currently unrealized loss of $841,000.