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Whale is on the move again? In just 20 minutes, over 5000 ETH were sold wildly, and this large investor has made an arbitrage of 9.11 million USD.
[Chain News] There is an interesting trading signal worth following. A certain Large Investors Address has significantly sold off again in the past 20 minutes, dumping 5230 ETH at a transaction price of around 3013 dollars. Let's calculate this week's operations—since the beginning of the week, this individual has cumulatively sold 25829 ETH, cashing out approximately 7485 million dollars. What’s even more interesting is that his average selling price is 2898 dollars, while the initial cost price was only 2545 dollars, which means he has made a profit of about 911 million dollars.
To be honest, this kind of operational rhythm is quite particular. This Address currently holds about 24,700 ETH, which amounts to a market value of approximately 7.448 million USD at the current price. This scale of holding belongs to the top among ETH whales, but the selling rhythm this week has clearly been gradually decreasing. Whether it is distributing at a high point or there are other considerations, how the market moves next will depend on the next actions of these Large Investors.