According to on-chain analyst Ai Yi (@ai_9684xtpa), the ETH whale address 0x54d…e602 purchased 2,400.38 ETH at a unit price of $2,083 nine hours ago, for a total value of approximately $5 million. Just four minutes after the transaction, the address placed a limit sell order on Cowswap at a price of $2,132 per ETH, which would yield a profit of approximately $117,000 if filled.
ETH whale buys 2,400 ETH for $5M and places sell order to profit
AiCoinShare
Summary
ETH news: A large ETH whale purchased 2,400.38 ETH at $2,083 each, totaling approximately $5 million, according to AiCoin’s Ai Auntie. The address then placed a sell order on Cowswap at $2,132 per ETH, targeting a $117,000 profit. This ETH update reflects rapid movement by a major holder.
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.