ChainCatcher Latest News, on-chain analyst Yu Jin has detected that a swing trader successfully sold at a price of $3417 after the ETH rebound last night, making a profit of $2.4 million. Surprisingly, this trader repurchased 12,178.4 ETH for 40.66 million USDT at an average price of $3339 just 2 hours ago.

From the on-chain data, this address has conducted 23 swing trades in 2024, with a total profit of $7.77 million. Among these, only 4 trades resulted in a loss, while the remaining 19 were profitable. This series of operations demonstrates their precise market judgment and operational ability, providing an interesting case study for market observers.