According to ChainCatcher's message, based on the monitoring of on-chain analyst Yu Jing, a certain whale's bet on the rise of ETH has failed, marking his third loss:
A week ago, when ETH surged above $3,400, he started to pull back and bought in at $3,300, betting that ETH would continue to rise. Unfortunately, ETH did not continue to rise but instead retreated all the way to $3,000;
Last night, when ETH finally rose a bit, the whale chose to cut his losses and liquidate his position 6 hours ago: he sold the 10,364.2 ETH he had bought at $3,300 last week at $3,181, incurring a loss of $1.22 million.
His 16th round of trading has ended in failure, with 13 wins and 3 losses out of 16 rounds.
