On April 15th, COINOTAG reported significant activity in the Ethereum market, highlighting the actions of a notable whale investor. This investor acquired 4,224.5 ETH on April 13th at an average price of $1,619. Within a critical window of just 11 hours, this whale strategically liquidated 14,227 ETH, resulting in a robust profit margin of approximately $931,000, equivalent to around $23.32 million. Such movements underscore the volatility and potential opportunities within the cryptocurrency landscape, particularly in relation to Ethereum’s price dynamics. Investors and analysts alike are keenly observing these trends, as they could provide insights into larger market behavior and the evolving ecosystem of digital assets.
Source: https://en.coinotag.com/breakingnews/eth-whale-liquidates-14227-eth-after-profiting-931000-in-just-11-hours/