Bitcoin (BTC) Its rise above $35,000 altcoins also mobilized it. The biggest altcoin at this point Ethereum (ETH) It also exceeded $1,900.
Currently trading below $1,900 in ETH whales began to take profits.
at this point lookonchain He said that the whale, which has been accumulating ETH at low levels since October, sold and took a profit.
According to this The ETH whale sold 4,271 Ethereum for 8 million USDC and earned approximately $791,000.
Stating that this whale has spent 32 million USDC since October 20 to buy 19,250 ETH at $ 1,662, Lookonchain said that the whale also purchased 5,972 ETH worth $ 10.6 million from Binance at $ 1,780.
Finally, Lookonchain underlined that the whale currently has 21,000 ETH worth $39.4 million.
“A whale sold 4,271 ETH for 8 million USDC at $1,875. Whale earned approximately 791 thousand dollars from this sale.
Whale has spent 32 million USDC since October 20 to purchase 19,250 ETH at $1,662. In the meantime, Whale bought 5,972 ETH (worth $10.6 million) from Binance for $780.
“The Ethereum whale currently has 21 thousand Ethereum worth $39.4 million.”
At this stage the whale Ethereum While it remains unclear whether it will continue its sale, ETH is traded at $ 1,892 at the time of writing.
A whale sold 4,271 $ETH for 8M $USDC at $1,875 20 mins ago and made ~$791K.
The whale spent 32M $USDC to buy 19,250 $ETH at $1,662 and withdrew 5,972 $ETH($10.6M) at $1,780 #Binance since Oct 20.
The whale currently holds 21K $ETH($39.4M).https://t.co/2mjYrbrOFM pic.twitter.com/JD8bZRl5k8
— Lookonchain (@lookonchain) November 6, 2023
*This is not investment advice.
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