#Whale buys 5191 ETH#
Hot Topic Overview
Overview
A whale known as "ETH Band Rate 82%" bought 5191.34 ETH at an average price of $3332 in the past 5 hours, totaling about $17.41 million. This is considered the 23rd round of band operation initiated by the whale, who may want to build a position while ETH is falling and then operate according to the situation. It is worth noting that the whale attempted to short 10536 ETH on Aave last night, but only sold a small portion before stopping, which indicates that he may be using a more complex trading strategy.
Ace Hot Topic Analysis
Analysis
According to on-chain analysts, a whale known for ETH swing trading bought 5,191.34 ETH in the past 5 hours at an average price of $3,332, totaling approximately $17.41 million. This is considered the whale's 23rd round of swing trading, and he has achieved an 82% win rate in previous ETH swing trades. This whale's purchase is believed to be a pre-emptive move to build a position during the ETH dip, and he will adjust his position based on market conditions. Notably, the whale attempted to short 10,536 ETH by borrowing from Aave last night, but stopped after selling a small amount, which may indicate a cautiously optimistic outlook on ETH's future trajectory.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
A whale bought 5191 ETH, worth about $17.41 million, when the ETH price dropped. This may be for building a position, and we will observe the market situation later.
The whale previously attempted to short 10536 ETH by borrowing from Aave, but only sold a small portion before stopping. This may be because they made a small profit and stopped.
The whale has a high win rate in ETH swing trading and has conducted 23 rounds of swing trading.
The whale's buying behavior may indicate that the ETH price will rebound in the future.