Whale's Smart Moves: Selling 10,000 ETH High and Buying the Dip

Precision Trading Sparks Interest

According to on-chain data, a large institution or whale sold 10,000 ETH at around $3,321 before the price decline, indicating a strategic exit point.

Dip Buying Signals Confidence

This entity later acquired 50,013 ETH through OTC platforms like Wintermute and FalconX, spending approximately $148M at an average price of $2,966.

Impressive Gains from Market Timing

The strategic move generated an estimated profit of $98.18M, showcasing exceptional market timing and reinforcing the importance of active portfolio management in volatile markets.