Crypto Whale Accumulates $5.9M in WETH: Smart Money or Risky Bet?

Quick Summary:

A crypto trader purchased 2,379 Wrapped Ether (WETH) worth $5.9 million in a series of strategic moves.

And, in over 40 minutes, they acquired a total of 7,428 WETH at an average price of $2,477 per WETH.

While this demonstrates the potential rewards of careful planning, experts warn against blindly copying large traders without understanding […]

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Article Details

Author / Journalist: CE Translator

Category: Crypto

Markets: India

Topics: News ETH Market Market News Ethereum

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-25 @ 16:00:00 (3 days ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 124 words

Reading Time: 1 minutes read

Sentences: 48 lines

Sentence Length: 3 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 23242092

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About Coinedition

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 7 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #124

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