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A whale lost over 10 million USD by chasing long positions on ETH after the non-farm payroll data.
According to ChainCatcher, as monitored by Ember, a whale who sold HYPE and then went long on ETH chased the rally following the non-farm payroll data. After ETH's price retraced, the whale closed out 52,800 ETH at a stop-loss price of approximately $4,265, incurring a single-day loss of $10.67 million. Since May 25, the cumulative loss has reached $35.84 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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