The whale took the profits and left you the plate
From July to September, they steadily scooped up 52,000 ETH at an average price of $2,161. Starting in late September, they slowly began selling at $2,632. Today, the final 10,000 ETH were sold, bringing in a net profit of $24.49 million in two and a half months. They spent three months building and unwinding their position, while you spent three months spamming the group chat that ETH was going to zero.
This run was all about the discipline to build a position and take profits in batches. The bill was ultimately left to the folks who chased in above $2,632.
What’s your cost basis for ETH at this price? Reply 1 if it’s below $2,161, or 2 if it’s above $2,632. Let’s see how many rows are up on the rooftop.
$ETH $BTC $SOL
From July to September, they steadily scooped up 52,000 ETH at an average price of $2,161. Starting in late September, they slowly began selling at $2,632. Today, the final 10,000 ETH were sold, bringing in a net profit of $24.49 million in two and a half months. They spent three months building and unwinding their position, while you spent three months spamming the group chat that ETH was going to zero.
This run was all about the discipline to build a position and take profits in batches. The bill was ultimately left to the folks who chased in above $2,632.
What’s your cost basis for ETH at this price? Reply 1 if it’s below $2,161, or 2 if it’s above $2,632. Let’s see how many rows are up on the rooftop.
$ETH $BTC $SOL