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An ETH swing investor just bought 5049 ETH for 12.52 million USDT

An ETH swing investor just bought 5049 ETH for 12.52 million USDT

Bitget2024/10/25 08:55

The ETH/BTC exchange rate fell to 0.0368 today, October 25, and an ETH swing investor has just re-entered the market, buying 5,049 ETH at $2,481 for 12.52 million USDT, according to Chain Analyst Yu Asher's monitoring.

The investor previously bought 10,083.2 ETH (about $26.82 million) on September 30th at $2,660 and sold half of the ETH on October 14th at $2,515, leaving the remaining half unsold. Today, he repurchased 5,049 ETH with the 12.52 million USDT he received from selling the ETH on Oct. 14. With the previously unsold ETH, he now holds a total of 10,169 ETH (about $26.11 million) at a combined cost average price of about $2,568 USD.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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