Giant Whale "Panic Sells" 2,019 BTC, Smart Money Heavily Accumulates ETHYesterday, after the price of $BTC dropped, a giant whale conducted a "panic sell," offloading 2,019 $BTC in a single transaction, worth approximately $141.5 million
Giant Whale "Panic Sells" 2,019 BTC, Smart Money Heavily Accumulates ETH
Yesterday, after the price of $BTC dropped, a giant whale conducted a "panic sell," offloading 2,019 $BTC in a single transaction, worth approximately $141.5 million. Since October 1st, this whale has sold a total of 5,506 $BTC, valued at $366.9 million, and currently holds 4,980 $BTC, worth $345.5 million.
However, while the price of $BTC was plummeting, another whale acquired 500 $BTC at an average price of $69,799, worth approximately $34.9 million. This whale previously purchased 501 $BTC at a price of $30,233 on June 22, 2023, spending a total of $15.15 million. Their current unrealized profit stands at $19.8 million.
Beyond the whale transactions, some astute traders have displayed unique investment strategies. For instance, FlowTraders, after a five-month hiatus, transferred 520 billion PEPE tokens back from the transfer address 0x01c...1980e, valued at $4.73 million. This receiving address has been actively trading $PEPE for seven months, with its last transaction occurring two weeks ago, coinciding with the recent peak in PEPE's short-term price. The funds have not yet been moved or deposited into exchanges, and we will continue to monitor their activity.
Another trader hailed as "smart money with an 85% win rate in scalping" has also begun accumulating heavily. After observing for six hours, they purchased 6,748 WETH at an average price of $2,510, worth $16.97 million, marking their 14th scalping entry. To date, they have accumulated a total of 7,482.88 ETH, valued at $18.78 million.
Another smart trader known for their 100% win rate has also demonstrated strong confidence in $ETH. Today, they bought 7,483 $ETH, worth $18.8 million. From August 12th to September 28th, they executed 10 $ETH trades, each resulting in profit, totaling approximately $2.14 million in gains. Since October 14th, they have made two additional $ETH trades, generating a profit of 133 $ETH, worth $334,000. They currently hold 10,216 $ETH, valued at $25.6 million, but with an unrealized loss of $1.21 million.
These trading activities highlight the presence of diverse investment strategies and risk appetites within the market. The giant whale's panic sell may reflect concerns about the market's short-term outlook, while the smart money's accumulation suggests optimistic expectations about future market trends. We should closely observe these trading behaviors and make informed investment decisions based on our own circumstances.
Here are some suggestions for investors to make rational decisions:
- Do not blindly chase rallies or sell on dips: Market fluctuations are normal, and overly aggressive trading strategies can lead to losses.
- Fully understand market risks: The investment market is subject to various risks, such as market risk, liquidity risk, and credit risk.
- Develop an investment plan: Set clear investment goals and strategies, and control your risk.
- Seek professional advice: If you lack investment experience, you can seek guidance from professionals, such as investment advisors or financial planners.
Here is some additional information about giant whales and smart money:
- Giant whales refer to individuals or institutions that hold a large amount of digital assets. Their trading behavior can significantly impact the market.
- Smart money refers to traders with unique trading strategies and rich experience. Their trading behavior is often considered a precursor
to market trends.
Disclaimer: The above information is for reference only and does not constitute investment advice. Investors bear the responsibility for their own investment risks.
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