ETH whale swing trading analysis: reduced positions at a high of $3,321, accumulated nearly 50,000 coins at a low of $2,966

GasWrangler · 2026-01-23T01:28:13+00:00

A large whale sold 10,000 ETH when the price was around $3,321, then bought 50,013 ETH through OTC channels at an average price of $2,966, making a profit of nearly $98.18 million. This operation demonstrates a precise swing trading strategy.

GasWrangler

2026-01-23 01:28:13

Abstract generation in progress

【Bi推】Interesting on-chain data surfaces. A big whale decisively sold 10,000 ETH when the price was around $3,321. Less than two days later, this player made a large purchase through OTC channels with Wintermute and FalconX—50,013 ETH, worth $148 million.

The numbers are straightforward: an average price of $2,966. From the $3,321 sell point to the $2,966 buy point, there’s a difference of $355 per ETH. At this scale, that’s an unrealized profit of $98.18 million. This isn’t gambling; it’s precise swing trading.

The covert nature of OTC trading makes large inflows and outflows relatively gentle, allowing liquidity providers like Wintermute and FalconX to absorb such orders without blinking. Every move by the whale leaves traces on the chain, and those paying attention can naturally read this story.

ETH-1,61%

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BTCRetirementFund

· 2h ago

Wow, nearly 100 million in unrealized gains just like that? I need to learn from this move carefully.

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blocksnark

· 3h ago

Hey, this operation, nearly 100 million in unrealized gains just like that? --- Whales really are whales, earning 98 million in two days. I'm still debating when to buy the dip. --- Is OTC channel so strong? It can absorb 50,000 ETH without moving the price. --- A price difference of $355 × 50,000 coins... I can't do the math, but it sounds really satisfying. --- On-chain data is becoming more transparent, whales can't hide anymore. If this continues, can retail investors follow the trend and make money? --- This is called swing trading, not something gamblers like us play. --- How much intermediary fee did Wintermute and FalconX take? Earning profits from such large orders means they can live very comfortably. --- Wait, is this whale holding at 2966? Are they building positions again now? --- As expected, big players know how to play; small retail investors simply can't learn.

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GateUser-c802f0e8

· 3h ago

This whale is really playing brilliantly, making nearly a billion in just two days. I'm still debating whether to buy the dip.

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SybilAttackVictim

· 3h ago

This whale is really playing it perfectly, buying low and selling high to make nearly one billion. Meanwhile, we retail investors are still debating whether to buy or not.

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ChainSauceMaster

· 3h ago

Wow, this whale is playing so skillfully, making nearly 100 million with just a 355 USD difference... I'm really bad at this.

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DegenDreamer