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In a recent update from COINOTAG News, dated December 4th, the attention turns to a prominent Ethereum whale, known for an impressive 83.3% win rate. This investor executed a significant trade, divesting 4,970 Wrapped Ethereum (WETH) at an average price of $3,577, netting approximately $96,700 in profit from this tactical maneuver. This transaction marks the whale’s 19th successful swing trade, accumulating a total profit of $152,700 to date. Currently, the whale retains a substantial holding of 5,420 WETH, emphasizing a strategic approach amid market fluctuations. Such trading activity not only demonstrates a keen market acumen but also sparks interest in the evolving dynamics of Ethereum transactions. As institutional interest in cryptocurrencies remains robust, the actions of influential investors like this whale can provide critical insights for market participants.
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