A mysterious Ethereum trader identified by wallet address 0xcB92 has caught the attention of analysts and traders alike, with on-chain data revealing a series of near-perfect Ethereum trades that have yielded over $20 million in profits within a single month.
According to data from blockchain tracker Lookonchain, the trader’s ETH strategy has been “nearly flawless.”
Over the past 30 days, 0xcB92 consistently bought ETH near local bottoms, closed positions just before sharp declines, and re-entered with short positions at the top — a rare combination of timing and execution.
As of yesterday, the trader’s unrealized profits hit $12 million, but instead of closing, he held the position. Following another drop in Ethereum’s price, those unrealized gains surged to over $14.8 million.
The trader’s total gains from these Ethereum moves have now surpassed $20 million, fueling speculation and admiration across social media. Analysts suggest that tracking wallets like 0xcB92 may offer insights into market timing strategies rarely executed so precisely.
With Ethereum’s price volatility increasing, all eyes remain on this wallet as traders seek to decode the next move from one of the sharpest ETH players currently active on-chain.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/ethereum-smart-trader-nets-20m-in-under-a-month-with-flawless-strategy/