Ethereum

Million

According to the latest onchain data, a major crypto whale has made a large transfer via Binance.
According to the data, minutes ago, the crypto whale in question deposited 6,900 ETH worth $17.87 million to Binance.
Interestingly, this whale purchased a large amount of Ethereum worth as much as $196.4 million from different cryptocurrency exchanges between January 28 and May 28. The purchases were made for an average of $3,021. Then, on July 16, the same whale started selling, making a total of $67.24 million in sales.
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The whale made these sales for an average of $3,075. In other words, the whale realized a profit of $1.2 million from its transactions.
However, with the Ethereum price falling significantly in the general market decline, the whale has a large unrealized loss. When the ETH price is calculated to be trading at $2,571 at the time of writing, it has a loss of approximately $20 million. On the other hand, considering the volatility in the cryptocurrency market, the whale wallet will probably wait for the ETH price to rise above $3,000 again.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/massive-whale-trades-on-binance-this-altcoin-sold-big-20-million-in-unrealized-losses/" rel="noopener noreferrer nofollow">Massive Whale Trades on Binance: This Altcoin Sold Big – $20 Million in Unrealized Losses</a>

Massive Whale Trades on Binance: This Altcoin Sold Big – $20 Million in Unrealized Losses

Bitcoin Sistemi EN

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