Institutional Swing Trade: Two Addresses Buy 5,678 ETH (~$16.95M at $2,985.70)

Published: 2025-12-20 13:58:22 |

On-chain analyst Ai (Ai Auntie) reports that two addresses linked to the same institution bought a combined 5,678 ETH within an hour at an average price of $2,985.70, spending roughly $16.95 million. On-chain patterns and the size/timing of the buys suggest a measured swing-trade entry rather than long-term accumulation. The entity previously executed a swing trade from Dec. 3–12, deploying about $14.97 million and realizing roughly $137,000 in profit. Traders view this as disciplined, timed capital deployment amid ongoing Ethereum volatility. Key details for traders: purchase size (5,678 ETH), average entry (~$2,985.70), total outlay (~$16.95M), and prior swing trade (~$14.97M deployed, ~$137k realized). This activity may signal institutional interest and could affect short-term liquidity and price action in ETH; traders should watch on-chain flows, order-book liquidity around $2,900–$3,100, and potential follow-on buys or sells from the same addresses.

Neutral

The purchase is sizable (5,678 ETH, ~$16.95M) and indicates institutional interest, which can support price by removing liquidity from the market. However, the pattern is described as a swing-trade entry — not a long-term accumulation — and the same entity previously realized only modest gains from a similar move. That suggests the buyer is executing a tactical trade rather than signaling strong directional conviction. Short-term effects: possible reduction in sell-side liquidity and local price support around the buy range, which could be mildly bullish in the near term. Long-term effects: limited, because swing trades often result in further active trading (profit taking or rebalancing) rather than long-term hodling. Overall, the net impact on ETH price is likely neutral-to-slightly bullish unless followed by additional sustained buys by the same entity or other institutions. Traders should monitor on-chain flows, exchange inflows/outflows, and order-book depth near $2,900–$3,100 for confirmation.