On-chain monitoring data reveals that experienced trader nemorino.eth has completed a precise trading maneuver. After selling 3,000 WETH at around $3,095, this address repurchased the full amount at $2,991.29 just five minutes later, effectively lowering the average cost basis.
This tactical move successfully reduced the average acquisition cost from $3,045.24. The wallet currently holds 7,104.13 WETH with a paper loss of $390,000. However, the continuous trading activity demonstrates active portfolio management through market fluctuations.
Market analysts note that such precise timing requires exceptional market insight and execution capability. The trading pattern suggests a well-developed strategy framework. Notably, these operations avoid regulatory scrutiny associated with centralized exchanges, showcasing the unique advantages of on-chain transactions.