The ETH whale at address 0xd5ff just closed a long-term position, earning nearly 1.7 million USD in just one hour.
In the past 4 days, this whale executed 6 ETH buy trades with a 100% win rate, with total profits reaching nearly 3 million USD according to Lookonchain data on July 20.
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ETH whale 0xd5ff continuously took profits from buying positions over 4 days, achieving a perfect win rate.
Accumulated profits from 6 transactions reached nearly 3 million USD, reflecting the experience and successful tactics.
Transaction data is verified and tracked by the Blockchain tracking platform Lookonchain.
How did ETH whale 0xd5ff conduct trades in the past 4 days?
According to the Lookonchain report on July 20, ETH whale 0xd5ff closed 6 long-term buying positions, all profitable, with a total profit of nearly 3 million USD. The 100% win rate reflects very accurate trading tactics and the extensive experience of this investor.
This is clear evidence of the whales' excellent market analysis and risk management skills in the current ETH price volatility.
What do the win rate and profits of ETH whale 0xd5ff mean for the cryptocurrency market?
The 100% win rate and nearly 3 million USD profit of whale 0xd5ff demonstrate the power of large investors in steering ETH prices. This contributes to market momentum or positively influences market sentiment.
"Whales play a crucial role in price volatility and liquidity; their significant profits indicate effective strategies in the cryptocurrency market."
Nguyễn V. Hưng, Director of cryptocurrency market analysis, 2024
How does data from Lookonchain help investors understand whale trends better?
Lookonchain provides transparent On-chain data, allowing for accurate tracking of whale activities like 0xd5ff. As a result, investors can easily reference large transactions and make decisions based on in-depth market behavior analysis.
Gathering this information from reputable sources increases reliability and supports more effective investment strategies.
Frequently Asked Questions
Who are ETH whales and why are they important?
ETH whales are investors holding large amounts of ETH, capable of significantly impacting market price and liquidity due to their enormous transaction volumes.
How reliable is Lookonchain software?
Lookonchain is a reputable Blockchain tracking platform used by many financial experts and investors to analyze validated On-chain data.
How to determine the win rate of a whale?
The win rate is calculated based on the number of profitable trades compared to the total trades executed within a certain period.
Do ETH whales' positions affect the market?
When whales close positions, especially large profit-taking, it often creates short-term price volatility or impacts the sentiment of other investors.
What can individual investors learn from whale trading?
Individual investors should monitor whale behavior to reference strategies, manage risk, and improve investment decision-making.
Source: https://tintucbitcoin.com/eth-ca-voi-loi-17-trieu-usd/
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