According to on-chain analyst @ai_9684xtpa, a certain whale has incurred a cumulative loss of $4.536 million in the past two months from longing ETH. The address has just liquidated a total of 8,714 ETH, equivalent to $27.06 million. The average longing price since May 5th was $3,149, resulting in a loss of approximately $306,000 from this sell-off.
“Whale Dumps 8,714 ETH, Equivalent to $27.06 Million, in a Massive Sell-Off”
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"Whale Dumps 8,714 ETH, Equivalent to $27.06 Million, in a Massive Sell-Off"