A whale sold off 5,772 ETH during a certain trading session, incurring a loss of $7.74 million. After holding the position for two months, its assets ...

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A whale sold 5,772 ETH after two months, incurring a $7.74 million loss. The assets were bought at an average price of $4,539.04, totaling $26 million. WBTC holdings remain unsold.

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EthereumWrapped BitcoinDeFiwhaleETHlosscryptocurrencyon-chain

According to Odaily Odaily, on-chain analyst Ai Yi's monitoring indicates that the whale 0x22a...6a2A0 appears to have liquidated its 5772 ETH (US$18.43 million) accumulated between September 9th and October 9th. Selling these would result in a loss of US$7.74 million, representing a 29.7% decrease in assets over the nearly two months of holding. Of this, 5728.07 ETH were purchased on-chain at an average price of US$4539.04 during the peak of the cryptocurrency price, representing a total investment of US$26 million. However, its WBTC has not yet been sold.

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