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Mysterious whale's face-slapping move: cleared out ETH last night, snapped up 6,600 today
[BlockBeats] Interesting development: that “1011 whale” just closed out ETH long positions last night, but today suddenly switched gears and started aggressively buying again.
Latest data shows this person has added over 6,600 ETH in a row, bringing total holdings to 57,173.79 ETH. At current prices, that’s over $178 million in holdings.
This move is really puzzling—selling off yesterday and now going all-in to buy the dip today. Is it real confidence in a market rebound, or was last night’s action just a shakeout? Either way, with this scale of capital movement, ordinary retail investors could never replicate this.
In this market, the actions of these mysterious whales are often more worth analyzing than the candlestick charts themselves.