A whale 'cuts the meat' of a $3290 cost position of 14,387 ETH, losing $12.55 million
On 8 August, a whale liquidated its holdings of 14,387 ETH ($34.78 million) in the last three days for a loss of $12.55 million, according to chain analyst Aftermath Monitor. The whale raised 14,384 ETH ($47.33 million) from cex at an average price of $3,290 between 22 June and 4 August and deposited it in a Lido pledge. Following the market crash on 5 August, which may have caused him to lose confidence, the whale redeemed ETH from Lido and transferred it back to cex in batches starting in the evening of 5 August, with the last 5,000 ETH being transferred to cex an hour earlier.
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.
You may also like
Stellar Foundation Invests in UK’s Archax to Drive Asset Tokenization
Nvidia CEO Jensen Huang Sells 150,000 Shares
Bitcoin dominance has dropped from 65% to 59% over the past two months

Trending news
MoreCrypto prices
More








