Whale Closes 1433 ETH Long Position at Average Price of $2953

Whale's Move Sparks Market Speculation

According to data released by Hyperinsight on January 29, a major Ethereum whale fully closed its long position of 1433.39 ETH at an average price of $2953.5. The transaction was worth approximately $4.23 million.

Implications of the Trade

This move has sparked widespread speculation, suggesting the holder may be adopting a cautious approach amid current market dynamics, potentially influencing short-term sentiment.