A prominent Bitcoin holder has increased their Ethereum holdings by 12,406 ETH, bringing their total to 203,341 ETH. This acquisition occurs as Ethereum hovers around the $2,800 mark, a critical support and resistance level. The whale's portfolio, which also includes 1,000 BTC and 250,000 SOL, has seen a $70 million decline from its peak value, prompting strategic adjustments in asset allocation.