"Whale 1011 internal": Between accumulation and correction.. Where is the truth?
The current news indicates a reduction for the whale's position on December 8. However, historical data shows a more complex and seemingly contradictory behavior:
· Active accumulation: Just one day prior (December 7), data showed that the whale was actively accumulating and holding 22,827 ETH, and placed a buy order for an additional 11,450 ETH.
· A history of large speculation: In mid-November, the whale closed a long position with leverage on
$ETH worth 198 million dollars, and also deposited huge amounts of stablecoins into exchanges.
Analysis: Today's movement may not indicate long-term pessimism, but could be profit-taking, risk management, or portfolio rebalancing in preparation for the next step. Tracking such whales teaches us that reading a single movement in isolation from its historical context can be misleading.
What do you think? Do you read this move as a sell signal? 🤔
#تحليل_تقني #تداول #بلوكشين #ETH