The Ethereum whale has just completed a purchase transaction of over 5,500 ETH worth about 20 million USD at an average price of 3,583 USD/ETH.
This transaction yielded nearly 605 thousand USD in profit just after about 12 days, reflecting the agility and effective investment strategy of the whale in the cryptocurrency market.
MAIN CONTENT
The Ethereum whale bought 5,578 ETH with a total value of nearly 20 million USD.
The average purchase price is 3,583 USD/ETH.
The profit reached approximately 605 thousand USD in just 12 trading days.
How did the Ethereum whale execute such a purchase transaction and what was its scale?
According to monitoring data from @ai_9684xtpa, an Ethereum whale purchased 5,578 ETH in wallet 0x54d…e6029 with a total value of nearly 20 million USD, at an average price of 3,583 USD per ETH. This is a significant transaction, demonstrating strong confidence in the growth potential of Ethereum in the short term.
How much profit was made from this ETH whale transaction and over what period?
The Ethereum whale has realized approximately 605 thousand USD in profit from the above transaction, just within 12 days from June 20 to July 2. This proves the effectiveness of buying at the right time and the owner's ability to accurately read the market situation.
"Quickly realizing profits from this transaction reflects deep understanding of market fluctuations and smart investment tactics of large investors."
Nguyen Van An, CEO of the Cryptocurrency Investment Consulting Company, 2024
How do Ethereum whale transactions impact the ETH market?
The nearly 20 million USD transaction by the Ethereum whale often creates a positive psychological effect in the investor community, enhancing interest and liquidity of ETH in the market. Major transactions like this are also closely monitored to predict the next price trend.
What signs indicate that Ethereum whales are adjusting their investment strategies?
Quick profit-taking and reinvesting or converting assets in a short time shows that whales are taking advantage of market fluctuations. Closely monitoring large wallets, average purchase prices, and profit periods helps in detailed analysis of their psychology and strategy, thus forecasting market trends.
What steps should be taken to accurately track and analyze the behavior of Ethereum whales?
Monitoring large wallets through reliable On-chain platforms is essential to capture the buying/selling movements of ETH whales. Combining this with technical analysis and overall market data helps predict subsequent actions, increasing investment opportunities and minimizing risks.
Frequently Asked Questions
What is an Ethereum whale and how do they affect the market?
Ethereum whales hold large amounts of ETH, and their transactions often significantly impact price and liquidity in the Ethereum market.
How to effectively track the activities of Ethereum whales?
Using On-chain monitoring tools like @ai_9684xtpa helps quickly update major transactions, allowing for market trend analysis.
Is it difficult to determine short-term profits from ETH transactions?
Based on the average purchase price and current market price, combined with technical indicators to assess potential profits.
Why do whale transactions attract the attention of retail investors?
Because the actions of whales often reflect larger trends that give retail investors a chance to predict price fluctuations.
What will the trading trend of ETH whales look like in the future?
Based on current data, ETH whales focus on large value transactions aiming for quick profits, while still remaining flexible in response to market fluctuations.
Source: https://tintucbitcoin.com/eth-whale-mua-5-578-eth-tri-gia-20-trieu-usd/
Thank you for reading this article!
Please Like, Comment, and Follow TinTucBitcoin to stay updated with the latest news about the cryptocurrency market and not miss any important information!
