BlockBeats news: On January 22, according to on-chain analyst Ai Yi (@ai_9684xtpa), the whale "nemorino.eth" sold 3,000 WETH at $3,095 last night. Just five minutes ago, the same whale repurchased all 3,000 WETH at $2,991.29, performing a "T" trade to lower their average cost. Currently, the whale holds a total of 7104.13 WETH, with an average cost of $3,045.24, and is still down by approximately $390,000.
Whale nemorino.eth Repurchases 3,000 WETH at $2,991.29 After Selling at $3,095
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Summary
Whale activity trading on Ethereum saw nemorino.eth sell 3,000 WETH at $3,095 before repurchasing the same amount at $2,991.29 five minutes later. The on-chain trading signals suggest a T-formation to lower average cost. The whale now holds 7,104.13 WETH at $3,045.24 average cost, with a $390,000 floating loss.
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