A major trader just completed an ETH swing trade of $16.95 million. The entire cycle from opening to closing lasted exactly one month, ultimately securing a profit of $78,000.

According to on-chain data, the details of the operation for this address 0x565…11e55 are quite interesting. The average entry price was locked at $2,985.71, and the average exit price was $2,992 — the profit margin doesn't seem large, but precisely because of that, it highlights the rarity of this trade. It’s important to note that within such a short time window, the price fluctuations are far beyond this range. After reducing holdings by 3,380.4 ETH, the major trader completed the final liquidation during the early hours yesterday. The entire process was quite risky — nearly resulting in a reverse loss.

This kind of high-level exit strategy hovering at the top is a common scenario in swing trading. From $2,985 to $2,992, the seemingly tiny profit margin is already a significant gain for a position worth tens of millions. Many traders have experienced this: sometimes, not losing money in itself is already a profit, especially in a market with indecision. This trade just proves that — a steady exit often tests a trader’s patience more than trying to chase maximum profits.