A certain smart money address has tripled down on ETH, with a position worth approximately $89 million.

Privorotsky, Head of Trading at Goldman Sachs, is bullish on the US stock market, noting that AI intelligent agents will fundamentally eliminate friction between people, technology, and capital, resulting in structural deflationary dividends. He believes that equities are the most direct way to capture this transformation. Currently, negative factors such as seasonality, high interest rates, and geopolitical risks have been fully priced in, and the market's caution and low allocations themselves suggest further upside potential.