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
Bolivia’s Digital Currency Bet: Navigating Volatility with Stable Solutions
- Bolivia's government permits banks to custody cryptocurrencies and offer crypto-based services, reversing a 2020 ban to combat inflation and dollar shortages. - Stablecoin transactions surged 530% in 2025, with $14.8B processed as Bolivians use USDT to hedge against boliviano depreciation (22% annual inflation). - State-owned YPFB and automakers like Toyota now accept crypto payments, while Banco Bisa launches stablecoin custody to expand financial inclusion for unbanked populations. - The policy faces c
Switzerland's Postponement of Crypto Tax Highlights Worldwide Regulatory Stalemate
- Switzerland delays crypto tax data sharing until 2027 due to ongoing political negotiations over OECD CARF partner jurisdictions. - Revised rules require crypto providers to register and report client data by 2026, but cross-border data exchange remains inactive until 2027. - Global alignment challenges exclude major economies like the U.S., China, and Saudi Arabia from initial data-sharing agreements. - Domestic legal framework passed in 2025, but partner jurisdiction negotiations delay implementation u
Visa and AquaNow Upgrade Payment Infrastructure through Stablecoin Integration
- Visa partners with AquaNow to expand stablecoin settlement in CEMEA via USDC , aiming to cut costs and settlement times. - The initiative builds on a $2.5B annualized pilot program, leveraging stablecoins to modernize payment infrastructure. - Visa's multicoin strategy aligns with industry trends, as regulators and competitors like Mastercard also explore stablecoin integration. - Regulatory progress in Canada and risks like volatility highlight evolving opportunities and challenges in digital asset adop
Bitcoin Updates: Large Holder Liquidations and Retail Investor Anxiety Lead to a Delicate Equilibrium in the Crypto Market
- A long-dormant crypto whale sold 200 BTC after a 3-year hibernation, intensifying market scrutiny over investor sentiment and liquidity shifts. - Bitcoin struggles above $92,000 amid weak technical indicators, mixed ETF flows ($74M inflow for BTC vs. $37M ETH outflow), and diverging institutional/retail behaviors. - Whale activity highlights fragile market balance: large holders accumulate BTC while retail investors liquidate, with over $557M in BTC moved from Coinbase to unknown wallets. - Technical bea
Trending news
MoreCrypto prices
More
