"Smart Money" ETH Scalping: 3586 ETH Increased to 6037 After Six Rounds of Buy Low Sell High
Article is form Jinse
September 16, 2024
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Smart Money Accumulates ETH Through Six Rounds of Buying Low and Selling High
According to Golden Finance, on-chain analyst Yu Jin monitored a "smart money" account that has been accumulating ETH through six rounds of buying low and selling high. The account initially held 3,586 ETH and has now increased its holdings to 6,037 ETH.
Here is a breakdown of the six rounds:
- Sold 3,586 ETH at $3,667 for 13.15 million USD, then bought back 5,236 ETH at $2,512, gaining 1,650 ETH.
- Sold 4,818 ETH at $2,514 for 12.11 million USD, then bought back 5,093 ETH at $2,378, gaining 275 ETH.
- Sold 5,093 ETH at $2,402 for 12.23 million USD, then bought back 5,153 ETH at $2,375, gaining 60 ETH.
- Sold 5,153 ETH at $2,400 for 12.36 million USD, then bought back 5,263 ETH at $2,350, gaining 110 ETH.
- Sold 5,263 ETH at $2,397 for 12.61 million USD, then bought back 5,379 ETH at $2,345, gaining 116 ETH.
- Sold 5,379 ETH at $2,377 for 12.78 million USD, then bought back 5,615 ETH at $2,278, gaining 236 ETH.
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