There's a well-known saying in the crypto world—"The best story is a rise"📈
Recently, I saw an interesting transaction. The same address owner built a position in Ethereum twice within just 2 hours, acquiring a total of 1,600 ETH, worth approximately $5.32 million. The average price comes to around $3,327.
Such actions are never random. Whales daring to chase high at this point indicate they are quite optimistic about the future market. Either their initial cost basis was lower, or they genuinely believe in the recent upward momentum.
Of course, this is just one of many signals in the market. A single transaction alone is hard to draw conclusions, but when combined with other on-chain data and capital flow changes, it’s worth paying attention to. Large-scale accumulation like this often boosts market sentiment, especially in uncertain ranges.
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SmartContractPhobia
· 2h ago
Damn, 5.32 million just like that, the whale's move is really impressive... I just want to know what this guy's cost is, something feels off.
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NewPumpamentals
· 2h ago
Wow, 1600 coins. This guy is really not short on money. In just two hours, he made 5.32 million... By the way, could this average price be another whale trick? We retail investors still have to keep waiting.
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MEVSandwichVictim
· 2h ago
Another big player is throwing money around, and us retail investors just watch, anyway following the trend has never made us lose, right? Haha
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LazyDevMiner
· 2h ago
1600 ETH, wow, what a move, I'm about to lose my pants.
Wait, is this guy really optimistic or just trying to shake out the weak hands? Not sure.
If the whales are chasing the highs, I'll follow along. Anyway, I can't lose much.
Old crypto folks are all the same, rise = story, fall = correction, hilarious.
When these big orders appear, I know it's going to go up. Time to go all in.
There's a well-known saying in the crypto world—"The best story is a rise"📈
Recently, I saw an interesting transaction. The same address owner built a position in Ethereum twice within just 2 hours, acquiring a total of 1,600 ETH, worth approximately $5.32 million. The average price comes to around $3,327.
Such actions are never random. Whales daring to chase high at this point indicate they are quite optimistic about the future market. Either their initial cost basis was lower, or they genuinely believe in the recent upward momentum.
Of course, this is just one of many signals in the market. A single transaction alone is hard to draw conclusions, but when combined with other on-chain data and capital flow changes, it’s worth paying attention to. Large-scale accumulation like this often boosts market sentiment, especially in uncertain ranges.