Swing whale nemorino.eth sold all ETH at a loss of $3.769 million, while another whale deposited $8.42 million worth of ETH to an exchange.
According to Odaily, on-chain analyst Ai Yi has monitored that some large ETH holders are engaging in stop-loss operations. The ETH swing whale nemorino.eth (0x8AeC...0E0D) liquidated all WETH holdings at an average price of $2,514.85 within the past 9 hours. The cost basis for the 7,107.08 WETH was $3,045.24, resulting in a loss of over $3.769 million from this sale.
In addition, a whale (0x1E2a...Ed29) who previously profited $14.26 million by buying low and selling high with WBTC, has deposited a total of 3,500 ETH, worth $8.42 million, to multiple exchanges within the past 6 hours, with an average deposit price of $2,406.
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
US Senate Finance Committee Chair subpoenas Jensen Huang and Lutnick to testify on Nvidia controversy
The AI feast continues! Anthropic (ANT.US) IPO oversubscribed six times, expected to surpass SpaceX as the "largest IPO in history"
According to sources familiar with the matter, Anthropic PBC's initial public offering (IPO) has attracted orders that are approximately six times the available shares for subscription, as market interest continues to rise in what could become the largest IPO in history.
Crypto prices
More
