The whale sold 10,800 ETH and then bought back 7,448 ETH at a higher price.

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A whale sold 10,829 ETH and then bought back 7,448 ETH in just a few days, indicating that large trading activity is still taking place around the $2,300–$2,350 price range.

This move reflects a significant shift in position by a major investor in a short period. It is unclear whether this is a portfolio adjustment or a reaction to short-term price volatility.

Trading developments

Wallet 0x65B4 sold 10,829 ETH, equivalent to $24.91 million, at $2,300 three days ago. Subsequently, this address repurchased 7,448 ETH, worth $17.5 million, at $2,350 an hour ago.

Things to watch out for

The relatively close buy and sell prices suggest that large investors remain flexible in the face of short-term fluctuations. No further details are available regarding the transaction purpose or the current holding status of this wallet.

Summary

Transactions from wallet 0x65B4 show that large amounts of money are still circulating around ETH in the $2,300–$2,350 range, but there isn't enough data to infer a broader trend.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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