Smart Money Profits $10.66 Million in 4 Months by Buying Low and Selling High on ETH
According to monitoring data from Lookonchain, a smart money address sold 7,425 ETH (worth $21.8 million) at a price of $2,937 per ETH, generating a profit of approximately $10.66 million. This address had bought 9,217 ETH (worth $17.2 million) between October 21st and November 22nd, 2023, at a price of $1,863 per ETH. They then sold it between January 10th and January 13th, 2024, at a price of $2,442 per ETH, earning around $5.34 million in profit. On January 26th, they bought 7,429 ETH (worth $16.5 million) at a price of $2,219 per ETH and sold it 9 hours ago at a price of $2,937 per ETH, making a profit of around $5.32 million.
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