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ETH clean swing, in, out, and still riding the rest. Veteran trader nemorino.eth just played this one pretty smoothly on Ethereum. He unloaded 2,950 $ETH at around $2,304...about $6.8M, right as price was pushing up, locking in a solid $267K profit from entries near $2,213 earlier this week (Apr 7–8).
But he didn’t fully exit… that’s the interesting part. There’s still a remaining position on the table, currently sitting on about $72K in unrealized gains. So instead of going all-out, he’s basically de-risked the trade while keeping some exposure in case #ETH keeps running.
WE THOUGHT: It’s that classic swing approach--take profits into strength, but don’t completely close the door.
ADD:0x8AeCc5526F92A46718f8E68516D22038D8670E0D