A whale sold 10,000 ETH on the chain this morning, losing $70,000

CoinVoice · 2023-10-03T03:43:10.000Z

CoinVoice recently learned that on October 3, according to on-chain analyst Ember’s monitoring, a whale address that mainly focuses on ETH market breakthroughs (commonly known as chasing the rise and killing the fall), traded at an average price of US$1,680 between September 28 and October 2. Chasing the price, I bought 11,000 ETH (approximately US$18.48 million), with a maximum profit of US$770,000. However, the market began to fall last night, and the whale sold 10,000 ETH (approximately $16.74 million) at an average price of $1,674 early this morning. The investment ended with a loss of $70,000. [original link]

CoinVoice has recently learned that on October 3, according to monitoring by on-chain analyst Yu Jin, a whale address that mainly trades ETH breakthroughs (commonly known as chasing highs and selling lows) bought 11,000 ETH (about 18.48 million US dollars) at an average price of US$1,680 between September 28 and October 2, with a maximum floating profit of US$770,000.
However, the market began to fall last night, and the whale sold 10,000 ETH (about 16.74 million US dollars) at an average price of 1,674 US dollars this morning. This investment ended with a loss of 70,000 US dollars. [Original link]