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Whale “pleven.eth” Executes Strategic LINK Trades, Secures $3.53M Profit

A prominent crypto whale, operating under the alias “pleven.eth” (address 0xd51), has recently executed a highly strategic LINK trade, taking advantage of market volatility. Over the past 24 hours, the whale spent $3.019 million in USDT to repurchase 134,433 LINK tokens at an average price of $22.461 after the token’s price dropped by 14.51%. Interestingly, just 21 hours prior, the whale had sold 120,814 LINK for $3.019 million USDT at an average price of $24.986. This sequence of transactions marked the completion of a successful sell-high, buy-low cycle, earning the whale a remarkable $3.53 million profit (+146%) over a 1.75-year holding period. This latest activity represents the whale’s third LINK trade, following the first two which netted a combined profit of $3.292 million (+71.4%), albeit with a win rate of 50%. The recent transactions underscore the whale’s ability to capitalize on market dips and rallies with precise timing. What a successful $LINK sell-high, buy-low round! Yesterday, whale 0xd51 “pleven.eth” sold 120,814 $LINK for 3.019M $USDT and, just 6 hours ago, used the proceeds to buy back 134,433 $LINK right at the bottom of the dip. Currently, this whale is on its third $LINK trade. From… pic.twitter.com/iwWURBwpqv — Spot On Chain (@spotonchain) December 20, 2024 The whale’s calculated moves demonstrate a strong understanding of market trends and a clear strategy for maximizing returns. As LINK’s price remains volatile, such maneuvers showcase the potential for substantial gains in the crypto market when executed with precision. For traders and market watchers, pleven.eth’s trades provide valuable insights into the art of timing the market and navigating periods of heightened volatility. As LINK’s price continues to fluctuate, all eyes are on this whale’s next move. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! Image Source: fellowneko/ 123RF // Image Effects by Colorcinch Bitcoin World

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Whale Recovers $1.53 Million In PEPE Trades After Months Of Losses

A whale who lost $1.53 million trading PEPE earlier this year has made a remarkable comeback. Over the past nine months, the trader accumulated a staggering 1.42 trillion PEPE at an average price of $0.000009387. However, the whale sold off 650 billion PEPE at a loss. 今年八月交易 $PEPE 亏损 153 万美金的巨鲸终于扳回一城了 过去九个月内他以均价 $0.000009387 建仓了 1.42 万亿枚 PEPE，其中 6500 亿枚已割肉卖出；四小时前又以均价 $0.00002258 充值了 3000 亿枚 PEPE，若卖出将获利 396 万美金，成功弥补此前的亏损 剩余 2633 亿枚仍浮盈 338… https://t.co/n4iGjMjOt2 pic.twitter.com/6RiE3bK6wL — Ai 姨 (@ai_9684xtpa) December 18, 2024 On December 18, the trader re-entered the market, purchasing an additional 300 billion PEPE at $0.00002258 each. If sold at today’s price, the whale would net a profit of $3.96 million, successfully covering the previous losses. Just nine hours ago, this whale liquidated its PEPE holdings during a market dip, selling off the remaining 263.3 billion PEPE at $0.00001804 per token. These holdings are now worth $4.75 million, and if sold, the whale could secure a profit of $2.28 million. 更新：这位巨鲸 9 小时前大盘暴跌时清仓 PEPE 了 最后剩余的 2633 亿枚 PEPE 在 $0.00001804 充值进了 #Kraken ，价值 475 万美金，若卖出将获利 228 万美金 至此长达九个月的 PEPE 持仓已全部卖出，共获利 624 万美金；真 在哪里跌到，就在哪里爬起来了 下次再写这个地址，就得改 title 了哈哈 pic.twitter.com/H36PkZmWz0 — Ai 姨 (@ai_9684xtpa) December 20, 2024 In total, after nine months of ups and downs, the whale has sold all of its PEPE position, earning a total profit of $6.24 million. Despite the earlier losses, the savvy trader’s strategic moves have paid off, illustrating the volatile yet rewarding nature of the crypto market. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! Bitcoin World