A whale who bought high and sold low spent 29.146 million DAI to buy 7,221 ETH in nearly half an hour.
according to on-chain analyst Yu Jin's monitoring, a whale who buys high and sells low took advantage of the market rebound to enter the market again: in the past half hour, he bought 7221 ETH with 29.146 million DAI, at an average price of $4036. His last operation was 4 days ago, when he panic sold 7818 ETH at a price of $3714 after a drop. He has successfully bought high and sold low twice in October, losing $8.98 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Elon Musk's SpaceX moves 1,163 Bitcoin worth $105M

Bitcoin News Today: Bitcoin’s Puell Multiple Approaches 0.50 Mark, Fueling Optimism Amid Ongoing Doubts About Market Structure
- Bitcoin's Puell Multiple nears 0.50, historically signaling price cycle bottoms since 2015, sparking market speculation. - Bitcoin Munari's $0.22 token launch on Solana highlights hybrid blockchain strategies, aligning with evolving regulatory frameworks. - Institutional demand for Bitcoin yield strategies grows as Anchorage Digital reports rising interest in collateralized products. - Fed policy shifts and exchange promotions like Bitget's Black Friday campaign reflect crypto's macroeconomic and competi

Premeditated Concealment? Bubblemaps Alleges Edel Engaged in Token Sniping
- Blockchain firm Bubblemaps accuses Edel Finance of sniping 30% of EDEL tokens via 160 linked wallets during its Nov 12 launch, using bot-driven tactics and layered wallet structures to obscure the acquisition. - Edel co-founder James Sherborne denies the claims, stating 60% of tokens were lawfully locked in vesting contracts as disclosed, while criticizing Bubblemaps' analysis as a "Hayden Davis defense" referencing memecoin controversies. - EDEL's market cap has plummeted 62% to $14.9 million amid erodi

Naver’s $13.8B Fintech Powerhouse Debuts on Nasdaq Amid Regulatory Challenges
- Naver Financial's $10.3B acquisition of Dunamu (Upbit) creates a $13.8B fintech entity to unify crypto and digital finance services. - CEO Choi Soo-yeon clarifies no Nasdaq listing decisions have been finalized due to regulatory uncertainties and market volatility. - The merger aims to strengthen South Korea's fintech landscape but faces scrutiny from domestic and U.S. regulators over crypto compliance. - Naver prioritizes domestic stability and stablecoin projects over aggressive international expansion

