Giant Whale Liquidates Position: Sold ETH Two Months Ago and Moved to Binance, Incurred Losses of Nearly a Million Dollars
Publication Time:2024-08-02 11:11:06
Recently, on-chain analysis expert @ai_9684xtpa observed that another large investor who bought substantial amounts of Ethereum (ETH) two months ago decided to liquidate its position. This giant whale withdrew around 7000 ETH from the OKX platform at an average cost of $3652 per token, amounting to over $25,560,000. However, during the trading process, the whale transferred the remaining 2500 ETH to the Binance platform at $3204 per token just two hours ago. This series of actions ultimately led to a loss of approximately $960,000. This event once again attracts the market's attention to the movements of large investors and reminds other investors to be cautious and reasonably plan their investment strategies when the market fluctuates.
Ethereum
loss
Cryptocurrency
Investment Strategy
giant whale trading