Whale Buys 7,682 WETH Dip, Boosting Total Holdings to 11,687 ETH Despite $1.63 Million Loss

On December 10th, COINOTAG reported notable activities in the crypto market, particularly involving a significant whale transaction. The analysis from @ai_9684xtpa highlighted a **swing trader** who has achieved an impressive **84.2% win rate**. In a recent market dip, this trader seized the opportunity to acquire **7,682 WETH** at an average price of **$3,803**, totaling an investment of approximately **$29.22 million**. Following this transaction, the whale’s overall **swing trading position** now amounts to **11,687 ETH**, with an adjusted average purchase price of **$3,861**. However, it should be noted that this position is currently facing an **unrealized loss** of about **$1.63 million**. Such strategic maneuvers underscore the ongoing volatility and opportunities within the cryptocurrency landscape, emphasizing the importance of trading acumen and market timing.

Source: https://en.coinotag.com/breakingnews/whale-buys-7682-weth-dip-boosting-total-holdings-to-11687-eth-despite-1-63-million-loss/