BREAKING

Whale Buys 7,682 WETH Dip, Boosting Total Holdings to 11,687 ETH Despite $1.63 Million Loss

ETH

ETH/USDT

$1,715.61
-2.30%
24h Volume

$11,934,055,381.78

24h H/L

$1,762.99 / $1,671.79

Change: $91.20 (5.46%)

Long/Short
73.7%
Long: 73.7%Short: 26.3%
Funding Rate

+0.0053%

Longs pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$1,711.10

-2.26%

Volume (24h): -

Resistance Levels
Resistance 3$1,985.30
Resistance 2$1,825.33
Resistance 1$1,752.62
Price$1,711.10
Support 1$1,710.96
Support 2$1,623.99
Support 3$1,505.68
Pivot (PP):$1,715.29
Trend:Downtrend
RSI (14):38.6

On December 10th, COINOTAG reported notable activities in the crypto market, particularly involving a significant whale transaction. The analysis from @ai_9684xtpa highlighted a **swing trader** who has achieved an impressive **84.2% win rate**. In a recent market dip, this trader seized the opportunity to acquire **7,682 WETH** at an average price of **$3,803**, totaling an investment of approximately **$29.22 million**. Following this transaction, the whale’s overall **swing trading position** now amounts to **11,687 ETH**, with an adjusted average purchase price of **$3,861**. However, it should be noted that this position is currently facing an **unrealized loss** of about **$1.63 million**. Such strategic maneuvers underscore the ongoing volatility and opportunities within the cryptocurrency landscape, emphasizing the importance of trading acumen and market timing.

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