#Whale buys 5191 ETH#
Hot Topic Overview
Overview
Recently, a whale known for its "82% ETH band win rate" bought 5191.34 ETH at an average price of $3332 over the past 5 hours, totaling about $17.41 million. This is considered the whale's 23rd round of band operation, and it seems that he intends to build a position first while ETH is falling, and then operate according to the market 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 quite aggressive.
Ace Hot Topic Analysis
Analysis
According to on-chain analyst @ai_9684xtpa, a whale known for ETH swing trading has bought 5,191.34 ETH in the past 5 hours at an average price of $3,332, totaling $17.41 million, marking its 23rd round of swing trading. This whale previously attempted to short 10,536 ETH on Aave, but only sold a small portion before taking profits, indicating its optimistic outlook on ETH's future trajectory. This massive purchase is believed to be its strategy to establish an initial position during ETH's decline, and it will adjust its position based on market conditions.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Giant whale bought 5191 ETH when ETH price dropped, about 17.41 million USD, may be for building a position, and will observe the market situation later.
Giant whale previously tried to borrow and short 10536 ETH on Aave, but only sold a small portion and stopped, may be because they made a little money and stopped.
Giant whale's ETH swing trading win rate is very high, and has started the 23rd round of swing trading, indicating that they are optimistic about the future trend of ETH.
Giant whale's buying behavior may indicate that ETH price is about to rebound, but the specific situation needs further observation.