ETH Smart Money Cycles Through Six Rounds of High-Sell Low-Buy, Increasing ETH Holdings from 3586 to 6037

Article is form followin
September 16, 2024
This article is translated by ChatGPT Show original
Back Icon Image

According to on-chain analyst Ember's monitoring, as of today's drop, a certain ETH swing trader has gone through six rounds of high-selling and low-buying, increasing their ETH holdings from an initial 3,586 to 6,037. Here's a breakdown:

  1. Sold 3,586 ETH at $3,667 for 13.15 million USDT, then bought back 5,236 ETH at $2,512, gaining 1,650 ETH.
  2. Sold 4,818 ETH at $2,514 for 12.11 million USDT, then bought back 5,093 ETH at $2,378, gaining 275 ETH.
  3. Sold 5,093 ETH at $2,402 for 12.23 million USDT, then bought back 5,153 ETH at $2,375, gaining 60 ETH.
  4. Sold 5,153 ETH at $2,400 for 12.36 million USDT, then bought back 5,263 ETH at $2,350, gaining 110 ETH.
  5. Sold 5,263 ETH at $2,397 for 12.61 million USDT, then bought back 5,379 ETH at $2,345, gaining 116 ETH.
  6. Sold 5,379 ETH at $2,377 for 12.78 million USDT, then bought back 5,615 ETH at $2,278, gaining 236 ETH.
Back Icon Image
Source
1. Disclaimer: The views expressed are solely those of the author and do not reflect the stance of Gen3. They are not intended as investment advice.
2. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as investment or other advice.