coin-img-ETHETH-1.33%coin-img-BTCBTC-0.83%coin-img-SPACECOINSPACECOIN-8.08%coin-img-SOLSOL-2.60%coin-img-XRPXRP-1.23%coin-img-HYPEHYPE-5.95%coin-img-USDCUSDC+0.00%coin-img-DOGEDOGE-1.75%coin-img-ETHETH-1.33%coin-img-BTCBTC-0.83%coin-img-SPACECOINSPACECOIN-8.08%coin-img-SOLSOL-2.60%coin-img-XRPXRP-1.23%coin-img-HYPEHYPE-5.95%coin-img-USDCUSDC+0.00%coin-img-DOGEDOGE-1.75%coin-img-ETHETH-1.33%coin-img-BTCBTC-0.83%coin-img-SPACECOINSPACECOIN-8.08%coin-img-SOLSOL-2.60%coin-img-XRPXRP-1.23%coin-img-HYPEHYPE-5.95%coin-img-USDCUSDC+0.00%coin-img-DOGEDOGE-1.75%coin-img-ETHETH-1.33%coin-img-BTCBTC-0.83%coin-img-SPACECOINSPACECOIN-8.08%coin-img-SOLSOL-2.60%coin-img-XRPXRP-1.23%coin-img-HYPEHYPE-5.95%coin-img-USDCUSDC+0.00%coin-img-DOGEDOGE-1.75%

Crypto Whale Books $351,000 Profit Closing BTC, ETH Shorts in Rapid Trade

A prominent cryptocurrency whale address executed a rapid and profitable trading maneuver on January 29, closing significant Bitcoin (BTC) and Ethereum (ETH) short positions within a single hour. This swift action resulted in a total profit of $351,000, according to data provided by HyperInsight. The whale is notably recognized for its highly agile trading strategy, frequently reversing positions by opening substantial trades in the opposite direction immediately after liquidating previous ones. This pattern of rapid, high-volume reversals highlights a sophisticated and speculative approach to market dynamics, allowing the entity to capitalize quickly on short-term price movements in major cryptocurrencies.
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BTC
BTC-0.88%
ETH
ETH-1.39%
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