Whale Increases ETH Holdings Through Strategic Trading Moves

According to BlockBeats, a notable Ethereum (ETH) whale has recently executed a series of strategic trades, significantly increasing their ETH holdings. Two hours ago, the whale spent $12.11 million to purchase 5,093 ETH. This move follows a pattern of buying low and selling high, which has allowed the whale to grow their ETH stash from 3,586 to 5,515 ETH. The whale's trading activities began on May 21, when they sold 3,586 ETH at $3,667 each, netting $13.15 million. Subsequently, they used this amount to buy back 5,236 ETH at $2,512 per coin. On September 2, the whale sold 4,818 ETH at $2,514 each, converting it into $12.11 million. After a market dip, they repurchased 5,093 ETH at $2,378 per coin today. These calculated trades have effectively increased their ETH holdings from 3,586 to 5,515 ETH.