On 9/22, a whale sold 5,368 ETH at an average price of $2,739, cashing out approximately $14.7 million—near a 10-month high.
As ETH pulled back to around $2,000, on 11/11 the whale bought back 6,087 ETH at an average price of $2,031, investing approximately $12.36 million.
The buyback price was about 25.8% lower. The whale not only bought back the entire position but also gained an additional 719 ETH, leaving approximately $2.34 million in paper profit.
Sometimes, exiting is a way to get back in at a better price. #ETH #巨鲸 #Sell high, buy low
As ETH pulled back to around $2,000, on 11/11 the whale bought back 6,087 ETH at an average price of $2,031, investing approximately $12.36 million.
The buyback price was about 25.8% lower. The whale not only bought back the entire position but also gained an additional 719 ETH, leaving approximately $2.34 million in paper profit.
Sometimes, exiting is a way to get back in at a better price. #ETH #巨鲸 #Sell high, buy low