#exchangerate
exchangerate
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$ETH /BTC REBOUNDS TO RESISTANCE — WHALE TAKES SHORT AT 0.02855 🔥
Entry: 0.02855 🔥
The ETH/BTC exchange rate has bounced from 0.02524 to 0.02855, but a seasoned whale just swapped 13,708 ETH for 393.4 BTC at this exact level. This trader has used this coin‑basis strategy multiple times over the past six months, netting an extra 6,475 ETH (~$11.78M) by waiting for the rate to drop before repurchasing.
The rejection at 0.02855 aligns with prior structure resistance. If the rate slips from here, the whale’s historical playbook suggests a retest of the lower zone. Are you following the whale’s lead or fading this move?
Not financial advice. Always manage your risk.
#ETH #ShortSetup #ExchangeRate #WhaleWatch
🔥
Entry: 0.02855 🔥
The ETH/BTC exchange rate has bounced from 0.02524 to 0.02855, but a seasoned whale just swapped 13,708 ETH for 393.4 BTC at this exact level. This trader has used this coin‑basis strategy multiple times over the past six months, netting an extra 6,475 ETH (~$11.78M) by waiting for the rate to drop before repurchasing.
The rejection at 0.02855 aligns with prior structure resistance. If the rate slips from here, the whale’s historical playbook suggests a retest of the lower zone. Are you following the whale’s lead or fading this move?
Not financial advice. Always manage your risk.
#ETH #ShortSetup #ExchangeRate #WhaleWatch
🔥
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