Data: A certain whale bought over 50,000 ETH, holding a total of 432,000 ETH

According to analyst Yu Jin's monitoring, a certain whale/institutional investor has recently shown a clear swing trading strategy.

Five days ago, this investor sold 70,000 ETH (approximately $223 million) at an average price of $3,188, and then re-entered the market by transferring 150 million USDT to Binance and withdrawing 57,725 ETH (approximately $162 million), purchasing at an average price of $2,820. Currently, this investor holds about 432,000 ETH (worth $1.24 billion), with an average holding price of $3,332, resulting in an unrealized loss of about $200 million. Previously, this investor successfully shorted ETH for a profit of $24.48 million before switching to a long position and using 1.5x leverage to increase their holdings.