Recently, FXS seems to be active again! Let's see what's happening on the chain! An address that bought FXS early has been increasing its position since the past two weeks! 1. Phase 1: Standing guard at a high position (10-11 months ago) In early 2024, he invested a large amount of funds at a high level, and these chips are currently in a serious loss state. Purchase details: Price range: $1.45- $2.19 Typical high position order: 44.6K @ $2.19; 57.5K @ $1.72; 73.4K @ $1.68。 There are also some purchases around $1.47. Stage cost: Quantity:~114000 pieces Cost:~$1.917 million USD Stage average price:~$1.68 2. Phase 2: Bottom fishing (2 weeks ago -4 days ago) Purchase details: Lowest point: Two weeks ago, he crazily raised funds in the bottom range of $0.62- $0.67 (such as 137K, 142K large orders). Chase up point: With the price rebounding, he bought $1.18 all the way (4 days ago). Stage cost: Quantity:~1777000 pieces Cost:~$157400 USD Stage average price:~$0.886 3. Conclusion and trading analysis Total holdings:~2.92 million pieces Total cost:~$3.49 million USD Return on investment average price: $1.20 So he has just recovered his investment. If it were you, would you follow him? Portal in the comment section