PANews reported on December 12 that according to monitoring by Ember, an ETH swing trader sold all 12,525.4 ETH previously bought at $3,863 at an average price of $3,949 in the past half hour, exchanging for $49.46 million in USDT and making a profit of $1.08 million.

The trader completed the operations from bottom-fishing buying, being trapped, unwinding to profit-taking within 4 days, successfully reversing the initial floating loss of US$2.3 million to a profit of US$1.08 million, and seized this wave of ETH rebound.