Ethereum (ETH) Whale with 100 Percent Winning Rate Started Buying Altcoins Again!
The post Ethereum (ETH) Whale with 100 Percent Winning Rate Started Buying Altcoins Again! appeared on BitcoinEthereumNews.com.
While Bitcoin continues its sideways movements above $43,000, altcoins are performing better compared to BTC. At this point, while the largest altcoin Ethereum rose above $ 2,400, ETH whales also took action. According to Lookonchain’s post, a whale who was successful in ETH trading sold 17,700 ETH worth $ 42.19 million at $ 2,384 after the ETH rise. The whale, which earned 5.8 million dollars from this sale, reached a 100% earning rate by buying and selling ETH from the bottom in the last 3 months. Continuing his buy low, sell high strategy after this sale, the whale bought 9,168 ETH at $2,380 and spent 21.82 million DAI to buy it. “This smart whale is really good at trading ETH! Today, after ETH rose, he sold 17,700 ETH worth $42.19 million (42.19 at $2,384) and made approximately $5.8 million! In the past 3 months, this whale has always bought ETH at the lowest price and sold it at the highest price, with a 100% win rate! The smart whale continued his ETH strategy and started buying back ETH at a lower price. So far, Whale has spent 21.82 million DAI to purchase 9,168 ETH at $2,380.” ETH continues to trade at $2,398 at the time of writing. This smart money is buying $ETH back at a lower price. He has spent 21.82M $DAI to buy 9,168 $ETH at $2,380 so far.https://t.co/yGkFI6qpnj pic.twitter.com/SIkHX4AnXs — Lookonchain (@lookonchain) December 28, 2023 *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/ethereum-eth-whale-with-100-percent-winning-rate-started-buying-altcoins-again/
Filed under: News - @ December 28, 2023 6:16 pm