A significant move was reported on October 13 by COINOTAG involving a well-known Ethereum whale. This investor, renowned for effectively timing the market to their advantage, has once again boosted their Ethereum holdings.
The whale reportedly withdrew 5,000 ETH, which is currently valued at approximately $12.34 million. This move comes amid revealing a profit of $3.71 million, showcasing the investor’s adept trading strategies that involve buying when prices are low and selling at advantageous times.
This approach underlines how strategic trading and market timing can lead to substantial profits in the cryptocurrency world, particularly with assets like Ethereum.
