Ethereum

<ul class="news-points"> 
 <li><strong>Lookonchain revealed that a trader sold 4,127 ETH over the past 24 hours.</strong></li> 
 <li><strong>This trader has timed his trade entries and exits multiple times this year.</strong></li> 
 <li><strong>After ETH’s latest price surge, another whale transferred 24,495 ETH to Binance.</strong></li> 
</ul> 
<p>The on-chain tracking platform Lookonchain revealed in an X (formerly Twitter) post today that a trader has been able to perfectly time a number of swing trade positions. According to the post, this particular trader sold 4,127 <a href="https://coinedition.com/tag/ethereum-eth/">Ethereum (ETH)</a> at $1,842 after its price increased over the past 24 hours. This is just another trade in a series of ETH trades that this individual has performed.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">The <a href="https://twitter.com/hashtag/Fantom?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Fantom</a> <a href="https://twitter.com/hashtag/Foundation?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Foundation</a> <a href="https://twitter.com/hashtag/Drainer?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Drainer</a> could be a great trader!<br><br>He/she sold 4,127 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ETH</a> at $1,842 after the price of <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ETH</a> increased.<br><br>This guy traded <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ETH</a> 5 times, buying at lows and selling at highs each time, which is very good at swing trading.<a href="https://t.co/r1LKDzdaM5" target="_blank" rel="nofollow">https://t.co/r1LKDzdaM5</a> <a href="https://t.co/c78phVLzKi" target="_blank" rel="nofollow">pic.twitter.com/c78phVLzKi</a></p>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1719898008605884628?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">November 2, 2023</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>In another X post published on October 30, 2023, Lookonchain analyzed some of the trades that this person performed in more detail. This post revealed that the trader sold 4,390 ETH, valued at $8.1 million, on Octo…</p>
<p>The post <a href="https://coinedition.com/successful-eth-trader-sells-could-eths-price-drop-soon/">Successful ETH Trader Sells: Could ETH’s Price Drop Soon?</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Successful ETH Trader Sells: Could ETH’s Price Drop Soon?

Coin Edition

Other articles published on Nov 2, 2023

Global Crypto Mining News in October: WhatsMiner Launches New Mining Machines, El Salvador's Firs...

Income Made Easy: 3 Ways To Earn With TFS Token

BTC and SOL Prices Surge Despite US Fed Chair’s Rate Hike Warning

Ripple’s top lawyer scrutinizes SEC’s courtroom defeats during Gensler tenure

This platform enables NFT creation with email: Why it’s important for legal teams

Swiss SGKB Bank Launches Bitcoin & Ethereum Custody Services

Join our free newsletter for daily crypto updates!