ETH Whale Sells 1550.4 ETH at $2438.5 After 47 Days, Incurs $69K Loss Despite $614K Unrealized Gain
The post ETH Whale Sells 1550.4 ETH at $2438.5 After 47 Days, Incurs $69K Loss Despite $614K Unrealized Gain appeared on BitcoinEthereumNews.com. On-chain data reveals that a prominent Ethereum whale recently executed a significant liquidation, offloading 1,550.4 ETH at an average price of $2,438.50. This transaction, valued at approximately $3.78 million, followed a holding period of 47 days and resulted in a realized loss of $69,000. The whale initially acquired this substantial position on May 12th, purchasing ETH at an average cost of $2,482.73 per token. Despite experiencing a peak unrealized gain of $614,000 during the holding period, the investor opted not to capitalize on these profits. This move highlights the volatility and risk management challenges faced by large-scale holders in the current crypto market environment, underscoring the importance of strategic exit planning in volatile asset classes like Ethereum. ‘, ‘
The post ETH Whale Sells 1550.4 ETH at $2438.5 After 47 Days, Incurs $69K Loss Despite $614K Unrealized Gain appeared on BitcoinEthereumNews.com.
On-chain data reveals that a prominent Ethereum whale recently executed a significant liquidation, offloading 1,550.4 ETH at an average price of $2,438.50. This transaction, valued at approximately $3.78 million, followed a holding period of 47 days and resulted in a realized loss of $69,000. The whale initially acquired this substantial position on May 12th, purchasing ETH at an average cost of $2,482.73 per token. Despite experiencing a peak unrealized gain of $614,000 during the holding period, the investor opted not to capitalize on these profits. This move highlights the volatility and risk management challenges faced by large-scale holders in the current crypto market environment, underscoring the importance of strategic exit planning in volatile asset classes like Ethereum. ‘, ‘
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