The whale that has been using leverage to build massive ETH + BTC longs just took another round of profits. About 7 hours ago, the wallet deposited 3,000 $ETH into Binance, worth roughly $7.24M.
Those ETH were originally accumulated at an average price of around $1,776.83 and are now being moved at an average price of about $2,413.40.
If sold, this batch alone would lock in roughly $1.91M in profit. And this isn’t an isolated move. Since August 19, the whale has deposited a cumulative 13,887.15 ETH to exchanges, with estimated total profits of around $6.73M.
We guess the strategy is simple: Use leverage to build big ... then ....ride the move ....then... take profits into strength ....then...repeat.
Address: 0x268448f31594F4636D03cBB4E813b94801E47643
Those ETH were originally accumulated at an average price of around $1,776.83 and are now being moved at an average price of about $2,413.40.
If sold, this batch alone would lock in roughly $1.91M in profit. And this isn’t an isolated move. Since August 19, the whale has deposited a cumulative 13,887.15 ETH to exchanges, with estimated total profits of around $6.73M.
We guess the strategy is simple: Use leverage to build big ... then ....ride the move ....then... take profits into strength ....then...repeat.
Address: 0x268448f31594F4636D03cBB4E813b94801E47643