A whale transferred 8,825 ETH ($24M) to Binance 8 hours ago, realizing a loss of $3.96M (-14%).

He bought these 8,825 ETH at an average price of $3,168 between 7/28 and 8/4, and now sells them at $2,719, with a loss of $3.96M (-14%).

He bought them in batches before the market crash on 8/5, and missed the crash on 8/5. Otherwise, he would not have lost money and might even have made a profit.

https://etherscan.io/address/0x75ba13d7d2e0b7fc0b3e2b2038209fcc778bc62f…