ETH Whale Profits $220,000 in Latest Swing Trade: 12,178.4 ETH Purchased for $3,339

ETH

ETH/USDT

$1,728.25

+2.27%

$1,728.25

+2.27%

(24s)

24h Volume

$5,732,078,850.57

24h H/L

$1,733.89 / $1,679.11

Change: $54.78 (3.26%)

Long/Short

70.6%

Long: 70.6%Short: 29.4%

Funding Rate

+0.0050%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,726.79

▲ 0.91%

Volume (24h): -

Resistance Levels

Resistance 3$1,872.11

Resistance 2$1,824.96

Resistance 1$1,751.11

Price$1,726.79

Support 1$1,710.47

Support 2$1,613.72

Support 3$1,505.68

Pivot (PP):$1,721.58

Trend:Downtrend

RSI (14):40.5

On January 2nd, sources from COINOTAG News reported that an influential Ethereum whale executed a significant swing trade. The whale drastically invested 40.66 million USDT to acquire 12,178.4 ETH at a price point of $3,339. Following a strategic move, the entity offloaded 11,188.4 ETH this morning at a selling price of $3,357, successfully converting the assets back to 33.75 million USDT. This transaction yielded a notable profit of $220,000. Remarkably, this transaction marks the whale’s 24th swing trade, showcasing a solid performance with 19 wins and just 5 losses, translating to an impressive win rate of 79%. This event underscores the dynamic nature of crypto trading and the ongoing momentum within the Ethereum ecosystem.