Trader who made $930,000 in April ETH swing trade buys 2,657 ETH

The address reopened a position about two months later, accumulating $5.14 million worth of Ether at an average price of $1,935, according to on-chain analyst Ai Yi.

ETH

Summary

An address that earned $930,000 from an April swing trade involving 19,300 ETH has started a new Ether position roughly two months later. The wallet bought 2,657 ETH about 10 hours ago, worth $5.14 million, at an average entry price of $1,935, according to on-chain analyst Ai Yi. The move points to a fresh round of short-term positioning in ETH, with blockchain data often tracked by traders for clues on conviction and market timing.

Terms & Concepts
  • on-chain analyst: Researcher who tracks blockchain wallet activity
  • swing trade: Short-term trade aiming to capture price moves
  • ETH: Native token of the Ethereum network