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New content:
COINOTAG News, citing on-chain data analyst Yuanjie, reports a notable whale or institutional trader achieving roughly $96.67 million in ETH swing trading gains. The position was liquidated via selling 10,000 ETH at $3,597 on November 10, realizing about $2.93 million in profit, according to observable market traces.
In a subsequent move, the same actor re-entered the market by accumulating 19,945 ETH—approximately $63.82 million—in a single day at an average near $3,200, with executions spanning Coinbase, Wintermute, and FalconX.
This on-chain activity signals ongoing institutional participation and disciplined liquidity management within the crypto market, rather than speculative bets; observers will watch for follow-up prints to assess potential market impact.
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