Mar 14, 2025 11:23 am
ETH Whale Potentially Sells at a Loss Amid Market Downturn
According to Odaily, blockchain analyst @ai_9684xtpa has reported that an Ethereum whale, identified by the wallet address 0x59A...D472B, may have sold 2,400 ETH, valued at approximately $4.47 million, three hours ago. This transaction could result in a loss of $2.005 million for the whale. The ETH in question was acquired during a market downturn between February and March of this year, with a purchase price of $2,697 per ETH. The current sale price is $1,862 per ETH, indicating a position reduction of nearly 31%.