🐋 ETH Swing Whale Adds 10,000 ETH at $4,365 🐋
BlockBeats reports that the “ETH Swing Profit $76.05M Whale/Institution” has once again increased holdings, buying 10,000 ETH ($43.65M) after today’s dip.
📊 Recent Moves:
▪️ Bought 16,569 ETH @ $4,484 two days ago → ~$74.29M
▪️ Added 10,000 ETH @ $4,365 today → ~$43.65M
▪️ Total recent accumulation: 26,569 ETH
🔍 Swing Trade Overview:
▪️ Known for making $76M profit on ETH flashloan trades
▪️ Using dips to scale in aggressively
▪️ Average entry price lowering from $4,484 → $4,365 shows tactical buying
▪️ Partnered with Wintermute for execution, signaling institutional-level strategy
📈 For Traders:
This whale/institution is clearly betting on ETH’s mid-term rebound despite the current -6.43% drop. Such large-scale buys often act as confidence signals for market sentiment.
💡 Key Insight:
Big players are swing trading ETH volatility with conviction buys - proof that even during dips, ETH remains a magnet for institutional accumulation.
❓Do you see this as a bullish signal or just short-term swing positioning?
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