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Whale Transfers 2000 ETH to Exchange, Potential Loss of $320,000 if Sold or at Loss
Summary: According to on-chain data analyst @ai_9684xtpa, a whale address that has been accumulating 4026.47 ETH since June 10 transferred 2000 ETH to an exchange four hours ago, equivalent to approximately $4.87 million at current prices. The timing of the deposit coincided with the start of ETH's rally earlier today. The average acquisition cost of this ...
According to on-chain data analyst @ai_9684xtpa, a whale address that has been accumulating 4026.47 ETH since June 10 transferred 2000 ETH to an exchange four hours ago, equivalent to approximately $4.87 million at current prices. The timing of the deposit coincided with the start of ETH's rally earlier today.
The average acquisition cost of this batch of ETH is $2,598, with the selling price expected to be below the cost, resulting in an estimated loss of around $324,000. The remaining 2026 ETH held still have an unrealized loss of approximately $178,000.
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Link: Whale Transfers 2000 ETH to Exchange, Potential Loss of $320,000 if Sold or at Loss [Copy]
