An Ethereum swing trading expert's recent moves are worth noting. Previously, this trader lost $3.8 million when going long on BTC contracts for the first time in the derivatives market. However, this institution subsequently recovered from losses through multiple ETH swing trades, accumulating profits of $96.67 million.
Recently, the trader hasn't stopped there and continues to be bullish on ETH. According to on-chain data, this whale closed its position with a stop loss from a leading DEX platform this morning, then used the remaining $31.7 million USDC to purchase 10,000 ETH through block trades.
Combined with previous holdings, the trader currently controls a total of 40,000 ETH worth approximately $127 million. This position-building scale is substantial, reflecting the institution's optimistic outlook on current ETH prices. From the lessons learned in BTC contracts to consecutive profits from ETH swing trades, this trader has clearly found their rhythm—focusing on Ethereum and capitalizing on volatility.
An Ethereum swing trading expert's recent moves are worth noting. Previously, this trader lost $3.8 million when going long on BTC contracts for the first time in the derivatives market. However, this institution subsequently recovered from losses through multiple ETH swing trades, accumulating profits of $96.67 million.
Recently, the trader hasn't stopped there and continues to be bullish on ETH. According to on-chain data, this whale closed its position with a stop loss from a leading DEX platform this morning, then used the remaining $31.7 million USDC to purchase 10,000 ETH through block trades.
Combined with previous holdings, the trader currently controls a total of 40,000 ETH worth approximately $127 million. This position-building scale is substantial, reflecting the institution's optimistic outlook on current ETH prices. From the lessons learned in BTC contracts to consecutive profits from ETH swing trades, this trader has clearly found their rhythm—focusing on Ethereum and capitalizing on volatility.