In the context of Bitcoin dominance remaining high, major traders continue to accumulate Ethereum. The address ‘pension-usdt.eth’ has just been announced to hold a long-term buy position with a significant size: 30,000 ETH, equivalent to approximately $89.33 million at the order price of $2,969.67.
Even more interesting is that this whale’s trading record has exceeded expectations. According to data from HyperInsight, throughout December, this address’s trading wins and losses reached an impressive 16/17, indicating that this trader’s risk management skills and market reading abilities are quite remarkable.
This long-term holding strategy not only reflects confidence in ETH but also suggests that whales are looking beyond short-term fluctuations. With Bitcoin dominance still in a leading position, the accumulation decisions of major traders in ETH can be seen as a positive signal for the long-term prospects of this key altcoin.
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The whale continues to illuminate the market with massive ETH buy orders, impressive win-loss ratio in December
In the context of Bitcoin dominance remaining high, major traders continue to accumulate Ethereum. The address ‘pension-usdt.eth’ has just been announced to hold a long-term buy position with a significant size: 30,000 ETH, equivalent to approximately $89.33 million at the order price of $2,969.67.
Even more interesting is that this whale’s trading record has exceeded expectations. According to data from HyperInsight, throughout December, this address’s trading wins and losses reached an impressive 16/17, indicating that this trader’s risk management skills and market reading abilities are quite remarkable.
This long-term holding strategy not only reflects confidence in ETH but also suggests that whales are looking beyond short-term fluctuations. With Bitcoin dominance still in a leading position, the accumulation decisions of major traders in ETH can be seen as a positive signal for the long-term prospects of this key altcoin.