A giant whale/institution sold tokens for a total profit of $2.87 million so far
According to Lookonchain monitoring, a giant whale/institution sold 3.13 million LDOs ($5.77 million), 49,771 AAVEs ($4.54 million), 269,177 UNIs ($2.41 million) and 250,969 FXSs ($708,000) at a loss. This has resulted in lower prices for LDO, AAVE, UNI and FXS. The mega-whale spent more than $73 million on ETH and Ethereum ecosystem tokens after the SEC approved the ETH ETF's Form 19b-4 in late May. He has sold most of his tokens, leaving him with 3.33 million LDOs ($5.83 million) and 31,191 AAVEs ($2.8 million). Total profit is currently $2.87 million. He made $7.29 million on ETH, lost $3.23 million on LDO and $1.1 million on AAVE.
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