Another major whale has made a move. This large holder recently made bulk purchases of 10,000 ETH, bringing their total holdings to 40,000 ETH, with assets valued at over $127 million at current prices. Interestingly, this whale's average cost basis is only $3,241—in other words, their unrealized gains are quite substantial. What's even more telling is that they've already reaped $96.67 million in profits through Ethereum swing trading previously. Such a position size and operational skill level are certainly worth the attention of market participants.
Another major whale has made a move. This large holder recently made bulk purchases of 10,000 ETH, bringing their total holdings to 40,000 ETH, with assets valued at over $127 million at current prices. Interestingly, this whale's average cost basis is only $3,241—in other words, their unrealized gains are quite substantial. What's even more telling is that they've already reaped $96.67 million in profits through Ethereum swing trading previously. Such a position size and operational skill level are certainly worth the attention of market participants.