A big trader's moves are really ruthless—swing trading is definitely his forte.
This institution, which has previously earned $96.67 million, sold 10,000 ETH at a price of $3,321 before the market dropped this morning, totaling $33.21 million. As a result, the market immediately reversed; from the time of the sale at 5 a.m. to 7-8 a.m., ETH fell to $3,200. This operation alone netted a profit of $1.51 million.
How precise the timing was goes without saying. It’s important to note that these 10,000 ETH weren’t accumulated recently—11 days ago, this trader had already been long on BTC in the fut
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