Whale Makes Large Moves in 45 Minutes: ETH Holdings Surge by 2099 Coins
Publication Time:2024-09-06 17:51:11
An anonymous whale has recently made large-scale cryptocurrency transactions, capturing market attention. Over the last 45 minutes, this whale used 12,360,000 USDT to purchase 5,263 Ethereum (ETH), highlighting its sharp awareness of market trends and financial strength. This is more than just a simple purchase; it's part of the whale's ongoing strategic operations. By employing the 'sell high, buy low' strategy, the whale sold 5,153 ETH at $2,400 and then bought them back at a lower $2,350, demonstrating its ability to adapt quickly to market volatility. In doing so, the whale significantly increased its holdings of ETH within a short span, adding a total of 110 coins. When viewed from a crypto-centric angle, this series of actions led to the whale's ETH holdings growing from 3,586 to 5,685 coins, with an astonishing increase of 2099 coins. This event further emphasizes the impact of whales on the cryptocurrency market and their keen understanding of market dynamics.
On-chain Analysis
whale transactions
ETH Holdings
Buy Low, Sell High