Bought the ETH Top, Now Exiting at a Heavy Loss.
Looks like the patience has finally run out for OTC whale 0x69A8.
About a month ago, this wallet rushed in and accumulated 5,105 $ETH , spending around $13.74 million at an average price of $2,691. But the market moved in the opposite direction, and the latest move suggests the whale has decided to cut its exposure.
Around 15 hours ago, the wallet sold 6,532 #ETH for approximately $13.62 million, with ETH trading near $2,085.
The damage? Roughly $3.1 million in losses.
That's a pretty painful exit. From chasing the rally to pulling the plug on a multimillion-dollar position... the market can humble even the biggest players.
Address: 0x69A8Ff64ed164eD3D757831D425Fdbe904186108
Looks like the patience has finally run out for OTC whale 0x69A8.
About a month ago, this wallet rushed in and accumulated 5,105 $ETH , spending around $13.74 million at an average price of $2,691. But the market moved in the opposite direction, and the latest move suggests the whale has decided to cut its exposure.
Around 15 hours ago, the wallet sold 6,532 #ETH for approximately $13.62 million, with ETH trading near $2,085.
The damage? Roughly $3.1 million in losses.
That's a pretty painful exit. From chasing the rally to pulling the plug on a multimillion-dollar position... the market can humble even the biggest players.
Address: 0x69A8Ff64ed164eD3D757831D425Fdbe904186108
