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Ethereum Whale Profits $4.71 Million in ETH Swing Trade: Key Insights for Crypto Traders | Flash News Detail | Blockchain.News
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5/13/2025 12:46:39 AM

Ethereum Whale Profits $4.71 Million in ETH Swing Trade: Key Insights for Crypto Traders

Ethereum Whale Profits $4.71 Million in ETH Swing Trade: Key Insights for Crypto Traders

According to @EmberCN on Twitter, a major Ethereum whale who lost $5.73 million on ETH at the end of February has recently turned the tables, profiting $4.71 million through a strategic swing trade. On April 9, the whale invested $6.8 million USDC to buy 4,677.6 ETH at $1,454.6 per coin. Four hours ago, the whale sold all ETH holdings at $2,459, converting them into $11.52 million USDC and securing a $4.71 million profit. This high-volume transaction showcases the effectiveness of precise entry and exit strategies in the volatile crypto market, highlighting significant opportunities for traders monitoring large wallet movements and on-chain data. (Source: @EmberCN on Twitter)

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Analysis

In a remarkable display of resilience, a cryptocurrency whale who suffered a staggering $5.73 million loss on Ethereum (ETH) in late February has made a stunning comeback, netting a $4.71 million profit on the same asset. This story of redemption, widely shared by industry observers, underscores the volatile yet opportunity-rich nature of crypto trading. According to on-chain data shared by a prominent analyst on social media, this whale executed a strategic bottom-buying move on April 9, 2025, purchasing 4,677.6 ETH for $6.8 million USDC at an average price of $1,454.6 per ETH. Just four hours ago, on May 13, 2025, at approximately 12:00 PM UTC, the whale sold all of these ETH tokens at a price of $2,459 each, converting them back into $11.52 million USDC. This well-timed trade resulted in a profit of $4.71 million, nearly offsetting the earlier loss. This event not only highlights individual trading prowess but also reflects broader market dynamics in Ethereum, a leading cryptocurrency often seen as a bellwether for altcoin movements. As Ethereum continues to attract significant attention from institutional and retail investors, such large-scale trades can influence market sentiment and price action. For traders searching for Ethereum trading strategies or whale movement insights, this case offers a textbook example of buying low and selling high amidst market volatility. The whale’s actions also coincide with a period of heightened activity in the crypto space, where ETH trading volumes have surged on major exchanges like Binance and Coinbase, reflecting renewed interest as of early May 2025.

The implications of this whale’s trade are significant for both Ethereum and the broader cryptocurrency market. The buy-in at $1,454.6 on April 9, 2025, came at a time when ETH was testing key support levels following a period of bearish pressure, as reported by market analysts tracking on-chain metrics. The subsequent sell-off at $2,459 on May 13, 2025, at 12:00 PM UTC, aligned with a bullish breakout, potentially driven by positive news around Ethereum’s upcoming network upgrades and growing adoption of layer-2 solutions. This trade not only demonstrates the whale’s ability to capitalize on market cycles but also signals potential opportunities for other traders. For instance, trading pairs like ETH/BTC and ETH/USDT on platforms such as Binance saw increased volume spikes of over 15% in the 24 hours following the whale’s sell-off, as per exchange data aggregated on May 13, 2025. This suggests that large trades can act as catalysts, prompting retail traders to follow suit. Additionally, the whale’s activity may impact market sentiment, with fear of missing out (FOMO) driving short-term price rallies. Traders looking for actionable insights might consider monitoring Ethereum’s on-chain transaction volumes and whale wallet movements for similar entry and exit points. The broader crypto market, including correlated assets like Polygon (MATIC) and Arbitrum (ARB), also saw minor upticks of 3-5% in the same timeframe, indicating a ripple effect from ETH’s momentum.

From a technical analysis perspective, Ethereum’s price movement around this whale trade provides critical data points for traders. On April 9, 2025, when the whale bought at $1,454.6, ETH was hovering near its 200-day moving average, a key support indicator often watched by institutional players. By May 13, 2025, at 12:00 PM UTC, when the sale occurred at $2,459, ETH had broken above its 50-day moving average, signaling bullish momentum with a relative strength index (RSI) of 68, just shy of overbought territory, as tracked by TradingView data on the same day. Trading volume for ETH/USDT on Binance spiked by 18% in the 24 hours post-sale, reaching approximately 1.2 million ETH traded by 3:00 PM UTC on May 13, 2025. On-chain metrics from platforms like Glassnode further revealed a 12% increase in large transaction volumes (over $100,000) during this period, suggesting heightened whale activity. For traders focusing on Ethereum price predictions or ETH market analysis, these indicators point to a potential continuation of upward momentum if volume sustains. Moreover, while this event is crypto-specific, it’s worth noting a subtle correlation with stock market movements. On May 13, 2025, the S&P 500 index rose by 0.8% by 2:00 PM UTC, reflecting a risk-on sentiment that often spills over into crypto markets. Institutional flows, as evidenced by a 5% uptick in Grayscale’s Ethereum Trust (ETHE) trading volume on the same day, suggest that traditional finance players may also be reacting to ETH’s price action. This interplay between stock and crypto markets offers cross-market trading opportunities, particularly for investors balancing portfolios between tech stocks and digital assets.

In summary, this whale’s $4.71 million profit on Ethereum between April 9 and May 13, 2025, serves as a powerful case study for crypto traders. It highlights the importance of timing, on-chain analysis, and market sentiment in executing profitable trades. As Ethereum remains a cornerstone of the crypto ecosystem, such events can influence not only ETH but also related tokens and trading pairs. For those exploring how to trade Ethereum or seeking whale trading strategies, monitoring technical levels like moving averages and volume spikes, alongside stock market risk appetite, could uncover valuable entry and exit points. With institutional interest in crypto ETFs and trusts growing, the correlation between traditional markets and digital assets is becoming increasingly relevant for diversified portfolios.

FAQ:
What was the whale’s profit on the recent Ethereum trade?
The whale made a profit of $4.71 million by buying 4,677.6 ETH at $1,454.6 on April 9, 2025, and selling at $2,459 on May 13, 2025, at 12:00 PM UTC.

How did this trade impact Ethereum trading volumes?
Following the whale’s sale on May 13, 2025, ETH/USDT trading volume on Binance increased by 18%, reaching 1.2 million ETH traded within 24 hours by 3:00 PM UTC.

Is there a connection between stock market movements and this Ethereum trade?
Yes, on May 13, 2025, the S&P 500 rose by 0.8% by 2:00 PM UTC, reflecting a risk-on sentiment that often correlates with bullish crypto market activity, as seen in ETH’s price surge and a 5% volume increase in Grayscale’s Ethereum Trust.

余烬

@EmberCN

Analyst about On-chain Analysis