Whale big moves during ETH correction: accumulating 20,000 ETH at low prices, with nearly $100 million in swing profits

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【BlockBeats】Interesting events on January 21. There is an address that has been very active on ETH these days. The day before yesterday, it took profits at a high point, earning $1.51 million USD. Less than two days later, taking advantage of the recent pullback window, it directly bought in 20,000 ETH through the counterparties Wintermute and FalconX, totaling $59.4 million USD, with an average price of about $2,970 USD.

The rhythm of this wave trading is quite skillful. The key point is that this address also has a good track record—having accumulated $98.18 million USD in profits through ETH swing trading. The timing and price differences between selling at the high and building positions at the low are well-controlled, showing a professional approach with a clear trading plan.

In this situation, it’s worth observing the subsequent trend to see if there are further actions after this new position.

ETH2,54%
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GasFeeCryvip
· 19h ago
This whale really has some skills, turning around from 1.51 million to directly smashing in 2,970, with the momentum tightly controlled.
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MysteryBoxBustervip
· 19h ago
This move... is indeed a bit ruthless. A profit record of nearly 100 million didn't come easily. Still, as I always say, professional traders always manage to hit the precise timing for building positions. Can't be jealous.
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LiquidatorFlashvip
· 19h ago
The average price of 2970... This move is quite aggressive, directly investing 20,000 tokens. How steady must one's mindset be?
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