A whale bought EIGEN, HYPE and other tokens at a high point and now has a loss of $22.42 million
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Planet Daily News: According to on-chain analyst Yu Jin's monitoring, a whale has suffered a loss of $22.42 million (-69%) from last October to date. The operations are as follows: - First, in October last year, using 21 addresses to purchase 8.917 million EIGEN at an average price of $3.64, spending $32.45 million; - At the end of December, sold 2.417 million EIGEN at an average price of $3.77, exchanging for 9.12 million USDC. Then bought 295,000 HYPE at its peak price of $30.9, but now HYPE is only $13, resulting in a floating loss of $5.21 million on HYPE; - In recent days, the whale sold 2.862 million EIGEN at $1.068, exchanging for 31.6 WBTC (worth $3.05 million). The whale's $32.45 million from last October has now become 295,000 HYPE (worth $3.9 million), 3.638 million EIGEN (worth $3.08 million), and 36.1 WBTC (worth $3.05 million). The total value is $10.03 million.
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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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