According to data reported by COINOTAG News on November 9, a prominent whale address showcased its trading acumen with a remarkable win rate of 85.7%. Within a brief 30-minute window, this address liquidated a substantial 11,267 ETH, equating to approximately $34.29 million. The liquidation occurred at an average entry point of $3,043.6, following an initial purchase made the previous day at $2,910, yielding a net profit of $1.51 million. This transaction marks yet another example of astute market maneuvering, as the whale has demonstrated a commendable swing trading record, boasting a total of 15 trades that resulted in 13 victories. To date, this trading strategy has accrued a total profit of $5.38 million, further solidifying the address’s status as a key player within the crypto domain.
Source: https://en.coinotag.com/breakingnews/ethereum-whale-takes-profits-1-51-million-earned-from-liquidating-11267-eth-in-a-strategic-trade/