On April 25th, COINOTAG reported an intriguing development in the cryptocurrency market. According to data from LookIntoChain, a dormant whale re-emerged after a three-month hiatus, depositing 2.28 million USDC onto Binance. This strategic move was aimed at capitalizing on current market conditions, as the whale proceeded to acquire 1,291 ETH at an average price of $1,768. Previously, this investor had liquidated 900 ETH for $2.28 million at a price of $2,531 per ETH. The recent acquisition demonstrates a keen awareness of market fluctuations and a calculated approach to asset management, highlighting the whale’s potential shift in investment strategy as they navigate the volatile landscape of cryptocurrencies.
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