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On October 25, COINOTAG reported a significant transaction in the Ethereum market, where a prominent ETH whale acquired 2,379 WETH from the address 0x846…016B0, amounting to an impressive $5.98 million. This acquisition marks a noteworthy addition to the whale’s portfolio, which now totals 7,428 WETH at an average acquisition cost of $2,477. This latest purchase follows the whale’s previous transaction, where it secured 5,049 WETH for $12.48 million at an average price of $2,471. Throughout its trading endeavors, this ETH high-win rate band whale has demonstrated a robust performance record, achieving 10 wins out of 12 trading battles. This data underscores the significance of tracking institutional movements in the cryptocurrency space, as they can often indicate larger market trends.
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