Ethereum

bullish

<p>An expert swing trader, known for an impressive 100% success rate, has captured headlines by buying a large amount of Ethereum as its price fell to $2,635. According to Lookonchain, a respected blockchain analytics platform, this savvy investor has a remarkable ability to time the market. With this latest move, the trader has earned a stunning profit of $2.16 million!</p>   
<p>Could you learn and pick up a few tricks for your own winning strategy? Read on! </p>   
<h2 class="wp-block-heading" id="h-making-bold-moves-in-crypto">Making Bold Moves in Crypto </h2>   
<p>Recently, this sharp trader made news by purchasing an incredible 10,083 ETH for about $26.8 million. Completed just eight hours ago, this strategic action highlights their skill in capitalizing on price drops, showcasing a successful strategy.</p>   
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<p>Since August 12, the trader has completed 10 trades involving ETH, maintaining a perfect 100% win rate. Overall, these trades have generated around $2.14 million in profit. This impressive streak not only emphasizes their expertise but also raises interest in the current state of the Ethereum market.</p>   
<h2 class="wp-block-heading" id="h-why-is-buterin-selling">Why is Buterin Selling? </h2>   
<p>By buying ETH after price declines, this trader has effectively taken advantage of short-term market movements. The recent purchase of over 10,083 ETH indicates strong confidence in Ethereum’s potential for recovery and growth.</p>   
<p>In contrast, Ethereum co-founder Vitalik Buterin has been selling his holdings. On-chain data from SpotonChain shows that Buterin has transferred nearly 1,300 ETH to the crypto exchange Paxos over the past 12 days.</p>   
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<p>In the last 24 hours alone, Buterin moved 649 ETH, valued at about $1.72 million, from his wallet, identified as “0x556.” This ongoing selling trend raises important questions about the future of Ethereum and its implications for investors.</p>   
<h2 class="wp-block-heading" id="h-ethereum-price-analysis-nbsp">Ethereum Price Analysis&nbsp;</h2>   
<p><a href="https://coinpedia.org/price-prediction/market-price-prediction-ethereum-2019/" target="_blank" rel="noreferrer noopener">Ethereum's price</a> has been fluctuating around $2,637, and the MACD indicator, which measures momentum, shows a bullish trend as it rises above the signal line. Meanwhile, the <a href="https://coinpedia.org/traders/what-is-relative-strength-index-rsi/" target="_blank" rel="noreferrer noopener">Relative Strength Index</a> (RSI) is at 57.79, slightly above neutral. This suggests that Ether is neither overbought nor oversold, indicating potential for growth if buying interest increases.</p>   
<p>As market sentiment shifts, buying ETH after significant price drops could be a wise strategy for investors.</p>   [post_titles_links postid="357373"]   
<p><strong>As the Ethereum market continues to evolve, the question remains: Who's really in control?</strong></p>

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