He tried to play it smart… but timing didn’t fully line up 😅 whale 0x65B4 sold 10,829 #Ethereum (~$24.9M) around $2,300 a few days ago, probably expecting a dip or at least some downside. but instead of getting that pullback, price pushed higher, and now he’s buying back 7,448 $ETH (~$17.5M) at around $2,350.


So basically: sold lower, bought back higher and reduced position size in the process. it’s not a disaster, but it’s clearly a missed re-entry rather than a clean trade. this kind of move usually happens when someone de-risks, waits for a better entry… and then ends up chasing price when the market doesn’t cooperate.
still, the fact he’s buying back in tells you one thing, even after selling, he doesn’t want to stay out of #ETH completely.
address:0x65B424A5655D8224dBA61a31788368268245Ce93
ETH-1,53%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin