Whale Investors Dominate Ethereum with Profitable Trades: $3 Million in Gains

According to a recent report by COINOTAG news on September 26, monitored data from Lookonchain reveal significant activity by two high-performing cryptocurrency traders amid the recent market downturn. Notably, the trader identified as 0xe0b5 has executed eight successful band trades in Ethereum (ETH) since August 12, boasting an impeccable win rate and accruing a total profit of $1.56 million. This trader’s latest transaction involved the acquisition of 10,206 ETH, valued at approximately $26.24 million, through two distinct addresses roughly three hours prior to the report. Parallelly, another trader, known as 0xc08B, purchased 11,529 ETH at $2,485 on September 20 and subsequently sold it at $2,618 just three days later, garnering a profit of $1.5 million. Additionally, 0xe0b5 further consolidated their position by buying 7,500 ETH, worth an estimated $19.3 million, only four hours before the analysis.