[The smart whale switches buying mode again: this is the altcoin he purchased and his transaction! 】
Investors are divided as Bitcoin (BTC) and other cryptocurrencies start the week with a sharp correction.
Some investors were uneasy about the decline and chose to wait and see, while others saw it as a buying opportunity and jumped into the market.
At this juncture, Lookonchain notes that a major trader who specializes in swing trading made a move to buy Ethereum.
According to reports, the large investor had deposited $55 million in USDT into Binance earlier today in preparation for purchasing ETH.
Lookonchain said: “A savvy major deposited $55 million in USDT into Binance today, most likely to purchase ETH.
This big trader performed well on ETH swing trading, selling 25,700 ETH on November 9th.
About a month after his last sale, he started buying ETH again in the recently falling market. "
