A whale who buys low and sells high spent 29.146 million DAI to purchase 7,221 ETH in the past half hour.
According to ChainCatcher, on-chain analyst Yu Jin has monitored that a whale known for buying low and selling high has re-entered the market to buy during the rebound: In the past half hour, this whale used 29.146 million DAI to purchase 7,221 ETH at a price of $4,036. The last operation was 4 days ago, when the whale panic sold 7,818 ETH at $3,714 after the price dropped. In October, this whale had already successfully executed two rounds of buying low and selling high, but ended up losing $8.98 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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