ETH plummeted to $3100! With a win rate of over 80%, is the reversal of swing trading Whale's counter-trend increase the position in Ethereum coming?

The high-accuracy Ethereum swing trading Whale once again increased the position at noon, purchasing about 3100 ETH at a total price of approximately 9.98 million US dollars. Although currently in floating losses, whether this counter-trend increase the position behavior can achieve a reversal again and become the focus of investor follow remains to be seen. (Previous summary: BTC broke through $95,000 in the morning, Ethereum reached $3,300, following Wednesday's US CPI inflation data) (Background supplement: V God implies Ethereum Foundation is 'very important': technology funds should encourage Open Source and suppress closed and predatory mentalities) Recently, affected by factors such as the potential interest rate cut by the Federal Reserve (Fed), potential tariff policies after Trump's inauguration, and sticky inflation, both the US stock market and the cryptocurrency market have been falling continuously. At the time of writing, BTC fell below $92,000 and once again tested the previous low of $91,200, while Ethereum fell even more, already planning to test the previous low of $3,101 in December last year. The swing trading Whale entered again, increasing the position by over 3100 ETH. However, during the decline, the consistently winning Ethereum swing trading Whale once again increased the position of ETH, sparking market discussions on whether he can profit again with this move. According to Ai Yi's analysis, this Ethereum swing trading Whale has been buying multiple times in recent days, and the current total position has reached 10,391.76 ETH, with an average purchase cost of $3,269.38. Although currently at a loss of over one million dollars, Ethereum has indeed reached a low point where a rebound may occur. This Whale has been known for swing trading for a long time, starting swing trading operations in April last year, accumulating 24 swing trading operations, and only in four swing trading operations last year did losses occur, achieving an 83.3% win rate and a cumulative profit of an astonishing $10,842,000. Update: an hour and a half ago, the brother once again increased the position with an average price of $3,220.35, adding 3100 ETH (about $9.98 million) to his swing trading position. At this point, his swing trading position has officially exceeded 10,000 Ether, currently holding 10,391.76 ETH, with an average price of $3,269.38, and a floating loss of nearly $795,000. The recent swing trading has been heart-wrenching. Could it be another journey of hardship followed by sweetness? pic.twitter.com/uTC0OtQ1jb - Ai Yi (@ai_9684xtpa) January 13, 2025 From profiting from short orders to increasing the position in long orders: Will the reversal come? The Whale's most recent Close Position operation was to end the Short operation on January 9, with a profit of $2.79 million. He started shorting 21,600 ETH at an average price of $3,458 on January 2. Although there was a floating loss of $5 million at one point, the market subsequently pulled back, and he closed the position in batches to make a profit. However, whether this Whale's operation means that the market has already reversed still needs to be observed in the subsequent trend. If this Whale's insight is still accurate, it may mean that a market rebound is imminent. Related reports: BTC broke through $95,000 in the morning, Ethereum reached $3,300, following Wednesday's US CPI inflation data V God implies Ethereum Foundation is 'very important': technology funds should encourage Open Source and suppress closed and predatory mentalities Where is Ethereum's next breakout point? Analyzing the roadmap, DevCon, and Pectra upgrade. <ETH plummets to $3,100! With a win rate of over 80%, the swing trading Whale counter-trend increases the position in Ethereum. Is the reversal coming?> This article was first published on BlockTempo, the most influential blockchain news media on DQ Block.