According to COINOTAG news on September 26, on-chain analyst Yu Jin’s monitoring revealed a recent strategic move by a prominent ETH whale known for a high win rate. This individual liquidated their ETH holdings for a $2,354 profit following the interest rate cut on September 19, opting not to re-enter the market for a week. However, merely two hours ago, they reengaged with Ethereum, initiating their tenth trading round. They acquired 10,206.4 ETH through two addresses, investing 26.24 million USDT at an average price of $2,571. This calculated move represents a significant reinvestment in the cryptocurrency market, signaling potential bullish sentiment.
Source: https://en.coinotag.com/breakingnews/eth-whale-reinvests-26-24m-usdt-to-acquire-10206-4-eth-at-2571-average-price/