Whale textbook operation! High-level cashing out ETH for WBTC, net profit of 1533 ETH in eight months!

On-chain monitoring data shows that a whale executed an almost perfect swing trading strategy, creating a myth of 'double kill' in the long and short positions:

Time rewinds to March 19, 2023, when the price of ETH was $3518. This 'time traveler' whale accurately sold at a high, exchanging 2942 ETH for 150 WBTC, with a cost of about $62724. It also took the opportunity to buy 116 WBTC.

Ten hours ago, BTC surged past $98828, and he decisively sold 90.8 WBTC, exchanging it for 2709 ETH, with a cost of only $3312 per ETH.

In just eight months, this operation helped him net 1533 ETH, with profits exceeding $5 million! Who says whales can only crash the market? This is the true 'dance king' in the market!

Old Chen's view: The whale's swing trading technique shows us how to accurately capture the market rhythm, as funds always flow to the most efficient places. For ordinary investors, following the trend and managing positions well is key. Market opportunities are often present, but if the rhythm is off, it will only lead to empty joy!

Follow Old Chen to see through the market and play with the rhythm; you’re only a strategy away from the whales!

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