BlockBeats News, October 29th, according to LookIntoChain monitoring, a whale address known for its precise "buying the dip and selling the top" strategy for ETH, transferred 5000 ETH to Kraken 8 hours ago. Taking into account the 1000 ETH sold by this address a month ago, the whale has now moved all 6000 ETH bought at the lowest point of ETH in April this year to the Kraken exchange.
The data shows that the address's last ETH accumulation was during the end of 2022's bull market cycle, which was eventually sold in batches between May and July 2024. Through just these two large-scale swing trades, the address earned a profit of $29 million (+150%).




