According to TechFlow TechFlow, on March 23, Lookonchain (@lookonchain), an on-chain analytics platform, reported that a whale with address 0x2607 withdrew 11,950 ETH from Binance approximately seven months ago at an average price of $4,295, with a total value of approximately $51.32 million at the time, close to a recent high. As of now, this batch of ETH is worth approximately $24.55 million, representing a paper loss of approximately $26.77 million, a drop of about 52%. Today, the whale transferred all 11,950 ETH to a new wallet and has not yet sold them.
A whale transferred 11,950 ETH, which it withdrew from at a high price seven months ago, to a new wallet, and is currently experiencing a floating loss of approximately $26.77 million.
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