# CryptocurrencyTrading

A Whale invested 80.77 million USDC this morning to purchase 18,000 ETH, currently holding unrealized gains of 2 million USD.
According to HashLink news, early this morning, on-chain analysis showed that a Whale purchased 18,000 ETH through Wintermute at a price of $4,487, costing 80.77 million USDC. Subsequently, the price of ETH rebounded to $4,600, resulting in an unrealized gains of $2 million from this transaction within just a few hours. Currently, this Whale has realized gains of $74.92 million from ETH trading, holding 530 million USDC and 25,000 ETH (valued at $114 million).
$USDC $ET

🗓️ Monthly Closure Update 🗓️
After today’s monthly closure, the picture is much clearer now!
🔸 Key Observation:
Price was rejected again from the same Mid Range level as before.
✅ Only the wick went above — but no body closure, so it’s still seen as a rejection until we get a monthly close above $2750.
🚫 No Altseason Yet
This is exactly why I’m staying very cautious on altcoins and not sharing any altcoin trade setups for now.
🌟 My Personal Take:
I believe the ETH rally will likely start in late August or early September. That’s when I’ll begin gradually entering altcoins step by step.
🔔

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