The post ETH Whale Profits $220,000 in Latest Swing Trade: 12,178.4 ETH Purchased for $3,339 appeared on BitcoinEthereumNews.com.

On January 2nd, sources from COINOTAG News reported that an influential Ethereum whale executed a significant swing trade. The whale drastically invested 40.66 million USDT to acquire 12,178.4 ETH at a price point of $3,339. Following a strategic move, the entity offloaded 11,188.4 ETH this morning at a selling price of $3,357, successfully converting the assets back to 33.75 million USDT. This transaction yielded a notable profit of $220,000. Remarkably, this transaction marks the whale’s 24th swing trade, showcasing a solid performance with 19 wins and just 5 losses, translating to an impressive win rate of 79%. This event underscores the dynamic nature of crypto trading and the ongoing momentum within the Ethereum ecosystem. Source: https://en.coinotag.com/breakingnews/eth-whale-profits-220000-in-latest-swing-trade-12178-4-eth-purchased-for-3339/

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Filed under: News - @ January 2, 2025 2:19 am