Distressed Giant Cryptocurrency Whale Made Significant Change in Altcoin Positions

A large wallet known by the short wallet address 0xad0. cryptocurrency whale, part of its position From Rollbit (RLB) pulling Maker DAO (MKR) swiped.

Whale first hit 191.6 with an average price of $0.12 per RLB Ethereum (ETH) In return, he sold 2.56 million RLB, making a total of approximately $313 thousand.

Following this, the whale, 193.31 Wrapped Ether (WETH) and traded 192.4 ETH for 493.14 MKR at an average price of $1,278 per MKR, making purchases worth approximately $630K.

Following these transactions, RLB has fallen more than 10% in the last 24 hours. It is thought that gainzy, a popular influencer in the cryptocurrency world, deleted all RLB posts he shared and contributed to the decline in the value of RLB.

When we examine the portfolio of the whale that made today’s transactions, we see the following table for profit/loss situations:

Snow:

• Uniswap (UNI) +$424,000 (+30.7%)
• Aave (AAVE) +$389,000 (+11.7%)
• Curve DAO Token (CRV) +$28,155 (+3.01%)
• Synapse (SYN) +$5,295k (+0.83%)

Damage:

• Bone ShibaSwap (BONE) -$36,055 (-7.66%)
• ApeCoin (APE) -$37,100 (-1.93%)
• LooksRare (LOOKS) -$93,133 (-17.2%)
• Blur -$114,851 (-17.3%)
• Stargate Finance (STG) -$313,793 (-12.9%)

Unrealized PnL: -$212,499

The whale still costs RLB 2.56 million ($328 thousand). His estimated total loss from RLB is $208,873.

*This is not investment advice.