Giant Whale Strikes! $16.95 million scoops up 5,678 ETH, is a new wave of trading coming?
On-chain monitoring shows that a mysterious large holder/institution quickly swooped in, buying 5,678 ETH at an average price of $2,985, spending a total of $16.95 million, signaling a full-on wave positioning!
Looking back at the performance: at the beginning of December, this giant whale spent $14.97 million to position, and in just 9 days, accurately earned $137,000, with a return rate of 0.92%, operating steadily and accurately!
On-chain signals highlight:
$2,985 is the key psychological price level, with the same entity continuously operating in waves, it is highly likely to be an institutional player. In the era of on-chain transparency, the movements of giant whales are also a market barometer.
