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Strategic ETH Accumulation Through Cyclical Trading | Flash News Detail | Blockchain.News

Strategic ETH Accumulation Through Cyclical Trading

9/16/2024 3:52:42 AM

Strategic ETH Accumulation Through Cyclical Trading

According to EmberCN, a trader has recently taken advantage of a market dip to purchase 5,615 ETH at $2,278 each, spending a total of 12.78 million USDT. Through six rounds of strategic buying and selling, this trader has increased their ETH holdings from 3,586 to 6,037. Initially, the trader sold 3,586 ETH at $3,667 each, converting them into 13.15 million USDT, and later bought back 5,236 ETH at $2,512 each. (Source)

ETH USDT trading strategy EmberCN

More from 余烬 (@EmberCN): Analyst about On-chain Analysis