Smart Money Moves: ETH Band Nets $265K Profit in 6 Hours Amid $13.5M WETH Clearance

ETH

ETH/USDT

$2,438.46

+1.15%

$2,438.46

+1.15%

(24s)

24h Volume

$14,168,929,633.33

24h H/L

$2,484.06 / $2,355.71

Change: $128.35 (5.45%)

Long/Short

59.2%

Long: 59.2%Short: 40.8%

Funding Rate

+0.0060%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,445.94

▲ 0.96%

Volume (24h): -

Resistance Levels

Resistance 3$2,829.96

Resistance 2$2,590.85

Resistance 1$2,506.73

Price$2,445.94

Support 1$2,445.86

Support 2$2,361.74

Support 3$2,216.36

Pivot (PP):$2,445.86

Trend:Uptrend

RSI (14):78.6

As reported by COINOTAG on September 16, monitoring data from ai_9684xtpa has revealed that “ETH band smart money that is proficient in profit-taking” has successfully executed its seventh cycle, generating a substantial profit of $265,000. Over the last 20 minutes, this trading entity liquidated 5,817 WETH, equating to a total value of $13.5 million USD. The average selling price was $2,321 WETH, against a purchase cost of $2,274 USD, proving its adeptness in capitalizing on market fluctuations. Impressively, this entire cycle was completed within a mere six hours, highlighting the swift and strategic operations of this proficient investor.