According to Lookonchain, an address repurchased 1,674 ETH at a high of $1,906, valued at approximately $3.19 million. This address has previously engaged in multiple low-sell, high-buy operations. Two months ago, it held 1,891 ETH; it now holds only 1,674 ETH, having reduced its position by 217 ETH through swing trading, equivalent to approximately $414,000 at current prices.
Address Loses 217 ETH Over Two Months from ETH Swing Trading
TechFlowShare
According to Lookonchain, a crypto address lost 217 ETH over two months through swing trading. The address recently repurchased 1,674 ETH at $1,906 each, totaling $3.19 million. Prior to this, it had executed multiple low-sell, high-buy trades. Two months ago, it held 1,891 ETH; it now holds 1,674 ETH, representing a loss of approximately $414,000 at current prices. Value investing in crypto may provide a more stable alternative for long-term holders.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.