The Unfortunate Whale Recovered the Ethereum He Sold to Buy Altcoins: He Lost 178 ETH!

The cryptocurrency whale sold Maker (MKR), worth millions of dollars, which he bought 2 months ago, at a loss on the basis of Ethereum (ETH).

The recent whale activity caused surprise. Reported by on-chain analysis platform Lookonchain to data According to him, the whale attracted attention with its MKR transaction, which cannot be considered very profitable. According to data 16 November whale taking action on the day, $1,385 with average 987 ETH in return Sold 1,472 MKR.

The same whale was spotted last September. $1,293 with average 1,472 MKR to get $1.9 million worth 1,164 ETH he had spent. Whale in a short time like 2 months 178 ETH loss While the profit in dollar terms is approximately 100 thousand dollars happened.

Whale 20 September Average price of ETH when you sell Ethereum and buy Maker on for $1,600r and MKR price approx. $1,380 was at the level. Ethereum from that date until today 26% while MKR is almost 20 September same price as $1,370 Watching in the band.

According to DeBank data, the whale currently has 2 million dollars worth Tether (USDT) And 2 thousand dollars worth Ethereum is available.


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