🚨 The ETH Investment Plan of 0x828.
In the two weeks between October 20 and November 2, the Ethereum whale moved significantly. In light of the market's possible rise at this time, 0x828 carefully positioned itself by investing $42.3 million USDC to buy 25,221 ETH at an average price of $1,677. The whale then took a calculated risk between November 6 and November 18, selling 21,771 ETH for $41.75 million USDC. With an average selling price of $1,918 during this time, substantial gains were made.
With the most recent transaction, 0x828 has only 2,500 ETH in possession. This suggests that this specific ETH investment cycle has come to an end as a result of the whale's sales actions. In particular, a lucrative outcome of $5.92 million is anticipated from this investment cycle, indicating a respectable gain of 14%. The calculated actions of 0x828 during market turbulence highlight the need of taking a cautious approach when investing in digital assets in the ever-changing cryptocurrency landscape.
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