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.
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