#Whale buys 5191 ETH#
Hot Topic Overview
Overview
A whale known as "ETH Band Rate 82%" bought 5191.34 ETH at an average price of $3332 in the past 5 hours, totaling about $17.41 million. This is considered the 23rd round of band operation initiated by the whale, who may want to build a position first while ETH is falling, and then adjust it according to the situation. It is worth noting that the whale previously attempted to short 10536 ETH by borrowing from Aave, but only sold a small portion before stopping, which shows that its operating style is more aggressive.
Ace Hot Topic Analysis
Analysis
According to on-chain analysts, a whale known for ETH swing trading has purchased 5,191.34 ETH in the past 5 hours at an average price of $3,332, totaling approximately $17.41 million. This marks the whale's 23rd swing trading operation this year, with a previous success rate of 82%. This purchase of ETH is believed to be a pre-emptive move by the whale, taking advantage of the ETH dip to build a position before potentially making further moves based on market conditions. Notably, the whale attempted to short 10,536 ETH on Aave last night but only sold a small portion before taking profits, indicating that they are not entirely bearish on ETH and are more inclined to utilize swing trading to generate returns.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Giant whale bought 5191 ETH, worth about $17.41 million, when ETH dropped, possibly for building a position. It will be observed how the market will perform later.
The giant whale previously attempted to short 10536 ETH by borrowing from Aave, but only sold a small portion before stopping, possibly because it made a profit.
The giant whale's ETH swing trading win rate is as high as 82%, and this purchase may be its 23rd round of swing trading.
The giant whale's purchase may indicate its bullish outlook on ETH's future.