Lookonchain
Smart-money trader 58bro.eth (@0x58bro) sold 8,000 ETH worth $19.18M at $2,397 a week ago, then spent $20.77M buying 10,501 ETH back at an average price of $1,978 over the past two days. The round trip re-establishes a larger position roughly $419 per coin below the earlier exit price.
The wallet's track record on Hyperliquid now stands at $39.66M in total profit with an 87.5% win rate. Trades of this size from a consistently profitable wallet are the kind of flow on-chain analysts track as a smart-money signal for ETH direction.
Frequently asked questions
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How much ETH did trader 58bro.eth buy back and at what price?
58bro.eth bought 10,501 ETH for $20.77M at an average price of $1,978 over the past two days, after selling 8,000 ETH at $2,397 a week earlier.
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What is 58bro.eth's total profit on Hyperliquid?
The wallet has accumulated $39.66M in total profit on Hyperliquid, with an 87.5% win rate across its trades.
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How much ETH did 58bro.eth sell before buying back?
The trader sold 8,000 ETH, worth $19.18M, at $2,397 per coin roughly a week before re-entering the market.
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Why do traders watch wallets like 58bro.eth?
Wallets with high win rates and large cumulative profits are tracked by on-chain analysts as potential smart-money signals for market direction.
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How much cheaper was 58bro.eth's re-entry than its exit price?
The new average entry of $1,978 sits about $419 below the $2,397 exit price, while the position size grew from 8,000 to 10,501 ETH.
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