Whale with 81% Win Rate Stops Swing Trading: $58 Million in BTC and ETH Investments Analyzed
BTC/USDT
$17,366,629,629.18
$71,554.95 / $68,531.50
Change: $3,023.45 (4.41%)
-0.0023%
Shorts pay
According to data from COINOTAG News dated March 13th, the renowned trading entity known for its substantial **”81% Win Rate”** in **ETH** and **BTC** swing trading has ceased operations since March 4th. On that date, the trader made a significant investment of **$58.38 million**, acquiring **679 WBTC** at an average cost of **$85,964** each. In addition, the entity allocated **$8.8 million** to purchase **4,212 ETH** at an average price of **$2,090** per token. Presently, this strategic investment has resulted in an unrealized loss amounting to **$2.74 million**. This development raises questions regarding the trader’s future strategies in the volatile cryptocurrency market, particularly given the **bearish** phase that has impacted many **digital assets**. Industry analysts are closely monitoring this trader’s next moves as they gauge market sentiment.
