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Smart Ethereum Whale Earned Million Dollars With Single Transaction: Total 5.6 Million Dollars! - Coin Bulletin
According to Lookonchain's analysis, a smart cryptocurrency investor made a profit of $1.1 million by selling 22,919 ETH (approximately $78.3 million) at an average price of $3,416 on December 31, 2024.
This investor attracted attention with various buying and selling trades throughout the year. According to the data, the investor, who made ETH purchases at an average of $ 3,368, strategically completed his sale near the highest price levels on the last day of the year.
It seems that the investor skillfully follows market trends in other transactions carried out during the year. For example, in a sale made between October 9th and 14th, the investor sold 26,824 ETH at an average price of $2,505, resulting in approximately $707,000 loss. However, these losses seem to be balanced with the total profit of $5.6 million earned throughout the year.
This type of smart trading strategies once again highlights the importance of buying and selling at the right time in the market. Especially with a volatile asset like ETH, continuously profiting from such large transactions requires deep market knowledge and timing skills.