Equation News founder Vida has publicly disclosed the purchase of $2 million worth of Ethereum, acquiring 1,983.57 ETH at a price of $2,281 per coin. This strategic buy-in, near a short-term market bottom, has already yielded an unrealized profit of $259,000. Vida has also earmarked an additional $20 million to capitalize on any further significant market dips. Following the liquidation of the "1011 Insider Whale," Vida anticipates no major crashes over the weekend. He plans to hold his ETH position until Monday, expecting a rebound in the crypto market once the precious metals market stabilizes.