An incompetent trader transferred the $13.84 million Ethereum (ETH) he bought in 2022 to Binance and lost $5.24 million.
On-chain analysis account Lookonchain published on Twitter on October 21. in postwhich he calls “Stupid Money” An investor’s moves that result in strange losses gave place.
The wallet address in question was transferred to Binance in order to avoid losing any more money. 6.85 Million dollars worth 4,274 Ethereum (ETH) deposited. Purse, 2022 per piece per year $13.84 million at a cost of $2,830 to the value 4,892 ETH had bought it.
If the wallet address sells with the last transaction made to Binance 5.24 million dollar will have caused damage.
The incompetent trader also panicked and lost money in the recent imbalance between Lido Staked Ethereum (stETH), which should normally be equal to one Ethereum. trader, 3,705 stETH to 3,536 ETH by replacing it with From 169 ETH happened.
According to CoinGecko data, Ethereum in the last 24 hours 0.9% while writing with a fall from $1,605 is being traded.