Understanding the Recent Trading Activity of Oilysirs.eth on X2Y2

04/08/2023 16:21 • Crypto & Markets • 76 views

According to reports, according to Spot On Chain monitoring, the smart money address oilysirs. eth exchanged 3.292 million X2Y2 for approximately 80 ETHs (approximately $150000) before buying ARB and BLUR. Among them, the address exchanged 40 ETHs for 61721 ARBs, with an average purchase price of $1.2. Currently, it holds a total of 1.125 million ARBs and has not yet been sold; Exchange 40 ETHs for 131984 BLURs, with an average purchase price of $0.56. This is the first time the address has repurchased BLURs after closing its position 16 days ago.

Smart money address oilysirs. eth will exchange approximately 3.29 million X2Y2 for approximately 80 ETHs and buy ARB and BLUR

Introduction

In recent reports, it has been stated that Oilysirs.eth, a well-known cryptocurrency trader and influencer, has made significant trading moves on the X2Y2 platform. This has been brought to the attention of many traders and investors, who are now following these movements closely. In this article, we will delve deeper into the trading activity of Oilysirs.eth on X2Y2, analyzing the transactions in detail and providing insights into what this may mean for the future.

The Trading Activity

Recently, Oilysirs.eth exchanged 3.292 million X2Y2 for approximately 80 ETHs (approximately $150000) before buying ARB and BLUR. Among these transactions, the address exchanged 40 ETHs for 61721 ARBs, with an average purchase price of $1.2. Currently, it holds a total of 1.125 million ARBs and has not yet been sold. Additionally, the address exchanged 40 ETHs for 131984 BLURs, with an average purchase price of $0.56. This is the first time the address has repurchased BLURs after closing its position 16 days ago.

Analysis

Based on these transactions, it is clear that Oilysirs.eth is bullish on both ARB and BLUR. With the average purchase price of ARB being $1.2, this indicates that Oilysirs.eth believes that the price of ARB will rise, and it is likely that other traders and investors will follow their lead. In the case of BLUR, the purchase price of $0.56 suggests that there could be potential for future gains, as this is a relatively low entry point.
It is also worth noting that these transactions were made on the X2Y2 platform, which is known for its liquidity and ease of use. This indicates that Oilysirs.eth may have chosen this platform due to its reliability and efficiency, and this could be something for other traders and investors to consider in future.

Conclusion

Overall, it is clear that Oilysirs.eth has made significant trading moves on the X2Y2 platform. With purchases of both ARB and BLUR, they have indicated that they believe these cryptocurrencies will experience growth in value in the coming months. As always, it is important for traders and investors to do their own research and make their own decisions when it comes to cryptocurrency trading. However, these moves by Oilysirs.eth are certainly worth paying attention to.

FAQs

1. Who is Oilysirs.eth?
Oilysirs.eth is a well-known cryptocurrency trader and influencer.
2. What platform did Oilysirs.eth use for these transactions?
Oilysirs.eth used the X2Y2 platform for these transactions.
3. Why did Oilysirs.eth choose to buy ARB and BLUR at this time?
Based on the prices at the time of purchase, it is likely that Oilysirs.eth believes that both ARB and BLUR have potential for future gains.
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