Smart Money Sells ETH Amid Losses
According to Odaily, on-chain analyst Ai Yi has reported that the 'smart money' investor, known for a 91% success rate in trading, is currently liquidating their Ethereum holdings. On September 29, this investor purchased 4,969 ETH at an average price of $2,660. However, in the past half hour, they have sold 4,973 aEthWETH, valued at $12.53 million, at an average price of $2,520. This marks the 12th consecutive loss for the investor, resulting in a total loss of $696,000. Consequently, the investor's success rate in Ethereum trading has dropped to 83%.