Short News View Non-AMP

Ethereum Trader Sold $188M Before the Crash and Bought Back Lower

Published by
Qadir AK

One Ethereum trader appears to have timed the recent market swing almost perfectly. Before prices fell, the trader sold 60,000 ETH, 9,442 wstETH, and 600 WBTC worth roughly $188 million at much higher levels. After the crash, the same wallets bought back more ETH, wstETH, and WBTC at significantly lower prices. The moves allowed the trader to rebuild positions while spending far less capital, making it one of the more notable examples of successful market timing during the recent crypto volatility.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

Recent Posts

Why $80,000 is the Ultimate Turning Point for Bitcoin on the Road to $100K

Bitcoin (BTC) briefly broke past the $81,000 mark on August 25, but immediately ran into…

August 28, 2026

SOL Jumps 13% Amid Charles Schwab Trading Plans and Solana Deflationary Vote

Solana (SOL) is the top gainer among the top 10 cryptocurrencies by market cap today,…

August 28, 2026

Genius Group Plans $1.2B Plan for AI and Bitcoin Treasuries

Genius Group has announced a $1.2 billion capital plan to grow its AI and Bitcoin…

August 28, 2026

ZEC Price Surges 82% in August, but Can It Push Beyond Its $880 High?

ZEC price has ripped higher this August, climbing 82% from roughly $481 in mid-August to…

August 27, 2026

Top Altcoins Turning Heads as Crypto Rally Broadens

Four altcoins posted gains this week, each tied to a distinct catalyst rather than a…

August 27, 2026

California Meme Coin Bill Clears Legislature

California's AB 2409, a bill restricting public officials' involvement in meme coins, has passed both…

August 27, 2026