A certain ETH whale has recently bought 18,000 ETH through high selling and low buying strategies.
According to Jinse Finance, analyst Yu Jin has monitored that a certain whale reduced its holdings by 30,000 ETH at an average price of $4,202 between September and October, making a profit of approximately $35.37 million. Recently, this whale has started to replenish its position. On-chain data shows that on October 22, the investor withdrew 12,000 ETH from an exchange (at a price of $3,854), and on November 26, withdrew another 6,000 ETH (at a price of $2,900). Currently, this address holds 74,000 ETH (about $215 million), with an average cost of $3,148.
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.
You may also like
BlackRock withdraws 953 BTC and 15,722 ETH from a certain exchange
Data: 1,999.8 ETH transferred from an anonymous address, worth approximately $5.9 million
Avail officially launches Nexus mainnet, creating a unified liquidity execution layer for multiple chains
