CandleFocus

Smart trader with 100% win rate bought $18.8 million of ETH today

A smart trader with a perfect trading record has bought $18.8 million worth of Ethereum (ETH), indicating a bullish stance on the cryptocurrency. The trader has a 100% win rate with ETH and has made profits on every trade made from August to September. The trader now holds 10,216 ETH, worth $25.6 million. Ethereum is currently trading at $2,534, showing signs of recovery after a market crash. Smart traders expect Ethereum and other altcoins to follow Bitcoin's lead in a bull rally, leading to an "altseason." Analysts believe an altcoin season is imminent as the Bitcoin Dominance Index reaches historical key levels. Despite this bullish positioning, traders must be aware of the risks and have a well-thought-out strategy.

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