Whale/Institution Continues ETH Scalping Success, Reaches $76.05M in Total Profit! ๐
BlockBeats News, September 20th โ A prominent whale/institution, known for its highly successful ETH swing trading strategies, has just executed another series of profitable moves, pushing their total gains to an astounding $76.05 million!
According to on-chain analyst Yujin Monitoring, this morning saw them acquire an additional 16,569 ETH at an average price of $4,484, totaling approximately $74.29 million. This follows yesterday's activity where they bought an average of 18,000 ETH at $4,487 and strategically sold 10,000 ETH at $4,600.ย
This latest round of ETH scalping alone generated an additional $1.13 million in profit, demonstrating their consistent ability to capitalize on market fluctuations. Their sophisticated approach to timing entries and exits continues to yield remarkable results.
Key Highlights:
โข Total Profit: $76.05 million from ETH swing trading.
โข Latest Buy: 16,569 ETH at $4,484 (approx. $74.29 million).
โข Recent Activity: Yesterday, bought 18,000 ETH at $4,487 and sold 10,000 ETH at $4,600.
โข Latest Scalping Profit: $1.13 million.
Market Watch
Such aggressive trading from whales can increase ETH volatility in the short term.Traders should keep an eye on order books and price swings.
This ongoing success story provides valuable insights into advanced trading strategies in the volatile crypto market. What are your thoughts on this institution's impressive performance?
