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The whale nemorino.eth incurred a loss of $3,769,000 and liquidated ETH, while another whale deposited $8,420,000 worth of ETH into the exchange.
Odaily Planet Daily reported that on-chain analyst Ai Yi monitored that some large ETH holders are cutting their positions. The large ETH whale nemorino.eth (0x8AeC…0E0D) has sold all WETH at an average price of $2514.85 over the past 9 hours. The 7107.08 WETH it accumulated cost $3045.24, and this sale resulted in a loss of over $3,769,000.
Additionally, a whale (0x1E2a…Ed29) who previously profited $14.26 million by buying low and selling high WBTC has accumulated a total of 3500 ETH across multiple exchanges in the past 6 hours, worth $8.42 million, with an average purchase price of $2406.