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More
Whale restarts swing trading strategy: transferred 2000 ETH within half an hour.
[Coin World] A large investor tracking on-chain is taking action again. This whale has successfully engaged in swing trading with ETH three times over the past 11 months, accumulating profits of just over 1.5 million USD. The last round of profits was less than a month ago, precisely exiting during that rapid fall in the market — this was also the only rebound after the loss from that address's last trade.
He has now opened the fourth cycle. Half an hour ago, this Large Investor withdrew 2000 ETH in one go from a leading exchange. Based on the withdrawal price of 2991.65 USD at that time, this order was worth nearly 6 million USD.
It is either laying out plans for the next wave of the market or adjusting positions. Every large transfer in the market is worth pondering.