The whale who once sold low and bought high and caused huge losses sold 18,000 ETH in exchange for 55.34 million U half an hour ago.

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PANews
07-14
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PANews reported on July 14 that according to on-chain analyst Yu Jin's monitoring, the whale who previously suffered a loss of 16,452 ETH through a low-selling and high-buying operation sold 18,000 ETH at an average price of $3,059, exchanging it for 55.34 million USDT half an hour ago. These ETH were purchased at $2,592 on 5/30, which means a profit of $8.45 million from this operation.

However, he originally held 35,754 ETH, which was reduced to 19,302 ETH after this low-selling and high-buying operation. If he still held these ETH now, their value would be $109 million instead of $57.05 million. The low-selling and high-buying operation caused his assets to decrease by $50.31 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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