Recent insights from COINOTAG on January 13th reveal that a prominent trader known as the ETH Swing Trader, boasting an impressive win rate of 83.3%, has expanded its holdings. Over the last hour, this whale has acquired an additional 1,958.27 ETH at an average price of $3,253. This latest transaction brings the total for this swing-traded position to 7,292.28 ETH, valued at approximately $23.74 million, with an average purchase cost of $3,290. Despite the accumulation, the trader is currently facing an unrealized loss amounting to $385,000, highlighting the inherent volatility in the cryptocurrency market. Investors are urged to remain cautious as they navigate such turbulent waters in pursuit of profitable strategies.
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