At the end of October, a whale/institution built a position of more than 20,000 ETH and deposited 3,850 ETH worth $9.3 million to Binance six hours ago.
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According to on-chain analyst @ai_9684xtpa's monitoring, the whale/institution 0xb99...cBcF5 that built a position of 20,222 ETH on October 29 deposited 3,850 ETH, worth $9.3 million, into Binance 6 hours ago. Over the past week, their average cost of the position was around $2,657. If they sell all of it now, they will incur a loss of $930,000.
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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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