Precise trading rhythm. A certain whale wallet demonstrated the skills of a professional trader during ETH's recent correction — the day before yesterday, it successfully took profit at a high point, earning $15.1 million, and immediately turned around to build a position at the $2970 level through institutional accumulation.
Specifically, this swing trading expert bought a total of 20,000 ETH through two institutions, Wintermute and FalconX, in the past 8 hours, totaling $59.4 million, with an average entry price exactly at $2970. Even more impressive is that his previous take-profit point was set at $3321 — this means he managed the retracement from the peak to the entry point with remarkable precision.
This type of trading pattern is not unfamiliar in the whale circle: large orders near obvious support levels, combined with institutional liquidity tools to ensure execution efficiency, with quick, decisive actions. The volume of 20,000 ETH is enough to stir the market, but by splitting the trades between two institutions, he avoided excessive market impact. From a data perspective, this reflects both risk management and a clear judgment of the current ETH price range.
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DuskSurfer
· 2h ago
This is what we call "eating shark fins." After cutting at a high point and waiting 180 days, it's another good opportunity.
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TokenTaxonomist
· 12h ago
ngl the spread across wintermute & falconx is just textbook risk mitigation... but let me pull up my spreadsheet real quick because 20k eth in 8hrs feels taxonomically aggressive for "clean" execution, data suggests otherwise on slippage models tbh
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CrossChainBreather
· 12h ago
Haha, this is what we usually call a "professional trader." As soon as it peaks at 1.51 million, they immediately buy at the bottom, controlling the rhythm perfectly.
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IronHeadMiner
· 12h ago
Damn, this technique is really awesome... Taking profit at the previous high and turning around to buy the dip, I might need to practice my speed for three years.
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DecentralizeMe
· 12h ago
Haha, this technique is indeed brilliant. The buy and sell intervals can even hit the support level precisely. This is the difference between big players and retail investors.
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RetailTherapist
· 12h ago
This whale really understands the rhythm—taking profits when it should, buying the dip when it can. We retail investors just chase the highs and sell the lows, haha.
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DogeBachelor
· 12h ago
Damn, this guy really has it nailed down. Selling at 1.51 million at the high point, buying 20,000 at the low point—this rhythm is just incredible.
Whales are truly whales. We're still debating whether to buy or not, while they’ve already diversified risk through two institutions. I'm still hesitating whether to add to my position.
The 2970 level isn't chosen randomly; it's clearly calculated, with support levels precisely identified. Truly professional.
But on the other hand, with such large-scale accumulation, how can us retail investors keep up? We can only wait until the whales finish eating, then we can join in.
This is a game for the wealthy. The scale of funds is completely on a different level.
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MidnightGenesis
· 12h ago
On-chain data shows that this technique is indeed sophisticated. The $2970 level was set very cleverly. The interesting part is that it was split between two institutions, avoiding the risk of the contract being sniped. Based on monitoring similar deployments, such operations are usually carried out late at night.
Precise trading rhythm. A certain whale wallet demonstrated the skills of a professional trader during ETH's recent correction — the day before yesterday, it successfully took profit at a high point, earning $15.1 million, and immediately turned around to build a position at the $2970 level through institutional accumulation.
Specifically, this swing trading expert bought a total of 20,000 ETH through two institutions, Wintermute and FalconX, in the past 8 hours, totaling $59.4 million, with an average entry price exactly at $2970. Even more impressive is that his previous take-profit point was set at $3321 — this means he managed the retracement from the peak to the entry point with remarkable precision.
This type of trading pattern is not unfamiliar in the whale circle: large orders near obvious support levels, combined with institutional liquidity tools to ensure execution efficiency, with quick, decisive actions. The volume of 20,000 ETH is enough to stir the market, but by splitting the trades between two institutions, he avoided excessive market impact. From a data perspective, this reflects both risk management and a clear judgment of the current ETH price range.