Tracking the movements of whale: Ethereum Foundation once again sells $ETH at a high price, with a cumulative sales value of $654 million

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MarsBit
08-28
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Whale are good at arbitrage but not good at selling $ETH

A whale sold a total of 19,667 $ETH (worth $47.3 million) in the past month, and each time he sold it near the low point. This whale obtained $ETH through MEV robot arbitrage, but it seems that he always gets the wrong rhythm when selling.

Ethereum Foundation

Ethereum Foundation once again sells $ETH at a high price, with a total sale value of $654 million

News content : 5 days ago, the Ethereum Foundation deposited 35,000 $ETH (worth $94.07 million) into the Kraken exchange at a price of $2,688. Currently $ETH the price has fallen to $2,450, down 8.8%. Since January 1, 2021, the Ethereum Foundation has sold a total of 239,000 $ETH (worth $654 million).

Ethereum Foundation

Shan spent 200,000 $USDT to buy 38,282 $TON

1 hour ago, Shan (@shanicucic96) bought 38,282 $TON on the Ethereum network at a price of $5.22, spending 200,000 $USDT.

Ethereum Foundation

Fetch.ai Foundation transfers 5 million $FET, part of which is deposited in Binance

16 hours ago, the Fetch.ai Foundation transferred 5 million $FET (worth $6.4 million) to the wallet "0x925e". 4 hours ago, the wallet had deposited 1 million $FET (worth $1.28 million) into the Binance exchange.

Ethereum Foundation $BTC and $ETH prices fell sharply, more than 87,000 traders were liquidated

In the past 24 hours, the price of $BTC fell by about 7% and the price of $ETH fell by about 10%, causing 87,405 traders to be liquidated, with a cumulative loss of $318.46 million. Among them, one whale was liquidated for $12.67 million on the ETH/BTC long position, and another whale was liquidated for $12.6 million on the $BTC long position.

Ethereum Foundation

Whale liquidate $WBTC and miss the opportunity to profit at high prices

Recently, whale have been clearing their positions $ETH frequently, and this morning another whale cleared $WBTC. The whale address 0xE00...7fe05 sold 294.05 $WBTC on-chain in the past three hours, worth $17.46 million, with an average selling price of $59,377. These tokens were purchased at an average price of $57,777 over the past three years, and this liquidation made a profit of $470,000. Although the profit was considerable, the Bitcoin price was not sold at $70,000, which means a loss of about $3 million.

Ethereum Foundation

Wintermute withdraws a large amount of Lido pledge$ETH and recharges Coinbase in batches

Today is the second institution to withdraw a large amount of Lido stake $ETH and deposit it into the exchange. In the past half hour, Wintermute received 19,000 $ETH unstaked from Lido, worth about $49.4 million. The institution is currently depositing these $ETH into Coinbase in batches. So far, 8,999 have been deposited, and it is expected to continue the operation.

Ethereum Foundation

Data source:

1. https://x.com/lookonchain

2. https://x.com/ai_9684xtpa

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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