The most expensive on-chain lesson this cycle: a whale/institution sold 1,601 $BTC in 5 days (about $132 million), went all-in on $ETH , and bought 53,000 at an average price of $2,497.
ETH is now hovering around $2,411—a paper loss of 3%+.
So institutional money loses just as ungracefully as retail money; the only difference is how much.
$BTC $ETH #Ethereum
ETH is now hovering around $2,411—a paper loss of 3%+.
So institutional money loses just as ungracefully as retail money; the only difference is how much.
$BTC $ETH #Ethereum