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
Supply disruptions ease, oil market bears “swiftly gather”: Brent put option bets surge to unprecedented levels
Oil traders are flocking to buy options, betting on a decline in Brent crude. As investors reposition after a sharp rise in oil prices over the past few trading sessions, bearish bets have surged to unprecedented levels.
Bridgford Foods VP Richard Eugene Bridgford acquires USD 2,054.5 in common shares
New York Federal Reserve official: U.S. Treasury purchases have no preset path, will closely monitor financing market pressures in October
Lorie K. Logan, head of the New York Fed's Markets Group, stated that the Federal Reserve will continue to assess the reserve levels within the banking system. The purchase of U.S. Treasuries for reserve management does not follow a predetermined path and may be adjusted in the future based on market conditions.
Structure Therapeutics CMO Blas Coll Crespo disposes of USD 124,008 common shares
Crypto prices
More
