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Smart money accumulates 3,100 ETH in two days, with the big traders' positioning beginning to show.
【Blockchain Rhythm】On-chain monitoring data shows that a smart money wallet engaged in swing trading has recently been building a position in ETH. The trader’s holdings have grown to 3,100 ETH.
A close look at their trading rhythm reveals a strong sense of determination. Five hours ago, they withdrew 503.01 ETH from a major exchange. Over the past two days, this trader has accumulated tokens worth $9,543,000, with an average withdrawal price around $3,078.5.
What’s even more interesting is the timeline. The 9.57 million USDT they deposited into the exchange two days ago has now been almost entirely used to build an ETH position. From deposit to withdrawal, and the emergence of an average cost, this sequence of actions appears very methodical—a clear swing trading strategy is unfolding.