A whale repaid 4,637 ETH within two months, having disposed of 95% of its holdings at a loss of approximately $1.27 million.
According to monitoring by Onchain Lens, the address received 4,892 ETH worth approximately $11.85 million through Galaxy Digital’s over-the-counter trading channel. It subsequently repaid 4,637 ETH worth approximately $10.1 million, including 1,796 ETH repaid today. The address now has 255 ETH remaining, worth approximately $483,000.
· What has been confirmed is the amount of ETH received and repaid, their corresponding dollar values, the 95% disposal ratio stated in the original post, and the approximate $1.27 million loss.
· Details of the OTC trades, the whale’s motives, and its next steps have not been disclosed.
Do you think the remaining 255 ETH are being held for observation, or is the whale clearing out its remaining position? How would you interpret this?
$ETH
According to monitoring by Onchain Lens, the address received 4,892 ETH worth approximately $11.85 million through Galaxy Digital’s over-the-counter trading channel. It subsequently repaid 4,637 ETH worth approximately $10.1 million, including 1,796 ETH repaid today. The address now has 255 ETH remaining, worth approximately $483,000.
· What has been confirmed is the amount of ETH received and repaid, their corresponding dollar values, the 95% disposal ratio stated in the original post, and the approximate $1.27 million loss.
· Details of the OTC trades, the whale’s motives, and its next steps have not been disclosed.
Do you think the remaining 255 ETH are being held for observation, or is the whale clearing out its remaining position? How would you interpret this?
$ETH
