Smart Whale With 100% Win Rate And 1inch Investment Are Buying ETH
On September 5, Lookonchain reported that a smart whale with a 100% win rate of trading ETH deposited 36 million USDT to Binance and then withdrew 9,819 ETH worth $15.9 million. It appears that the whale is buying ETH at the bottom, taking advantage of the recent price drops.
On July 1st, before the SEC’s announcement that spot Bitcoin ETF filings were inadequate, ETH plummeted and quickly rose two hours later. The smart whale bought 8,188 ETH worth $15.23 million before the rise. He deposited 32 million USDT to Binance and withdrew 8,188 ETH at a buying price of around $1,860.
On June 28, the smart whale reportedly deposited 25K ETH worth $47.24 million to Binance and withdrew 15.9 million USDT. According to Lookonchain, he has a 100% win rate of trading ETH in the past two months and is very good at buying ETH at low prices and selling at high prices to make a profit.
Meanwhile, 1inch Investment Fund wallet spent 4.75 million USDT to buy 2,922 ETH at $1,625 again an hour ago. The wallet currently holds 26.8 million USDT and 12,529 ETH worth $20.46 million.
On August 28, the wallet spent $10 million to buy 6,088 ETH at $1,655. The wallet bought a total of 17K ETH worth $26.8 million at an average price of $1,569 on Jan 13, Feb 9, and Mar 14. Then sold 11K ETH worth $21 million at $1,906 on July 5, making approximately $3.7 million.
1inch Investment Fund wallet spent $10M to buy 6,088 $ETH at $1,655 6 hrs ago.
The wallet bought a total of 17K $ETH($26.8M) at an average price of $1,569 on Jan 13, Feb 9 and Mar 14.
Then sold 11K $ETH($21M) at $1,906 on July 5, making ~$3.7M.https://t.co/QhEm3M9Mm7 pic.twitter.com/JUxzA8hFom
— Lookonchain (@lookonchain) August 28, 2023
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