Whale Buys Back 8,010 ETH for $25.33 Million, Realizing $5.07 Million Loss

Article is form Jinse
September 20, 2024
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According to Golden Finance, on-chain analyst Ember has observed a whale who sold 6,001.7 ETH for $3,384 each in late June, realizing a profit of $1.64 million. This whale has since repurchased more ETH over the past two months, starting in late July. They have spent $25.33 million to buy back 8,010 ETH at an average price of $3,163. Currently, they are experiencing a paper loss of $5.07 million.

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