Crypto Whale Dumps 18,000 ETH: Market Shockwaves and Price Plunge!
However, in the past hour, they followed up with another 6,000 ETH sale, amounting to approximately $9.82 million in value.
过去一个多小时里，老哥又卖出了 6000 $ETH($9.82M)。
这样他在今天已累计抛售 1.8 万 ETH($29.6M)，出售均价 $1644。售出的这 1.8 万 ETH 实现 $2.74M 的亏损。
目前地址里还有 4000 ETH，要全部卖掉吗？
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— 余烬 (@EmberCN) September 1, 2023
The total of 18,000 ETH sold by this giant whale in a single day represents a staggering $29.6 million worth of cryptocurrency. What’s more, the average selling price for these transactions was $1,644 per ETH, shedding light on the potential motives behind this sizable sell-off.
While the whale’s actions have garnered attention, the move has not come without consequences. The sale of 18,000 ETH at an average price of $1,644 has resulted in a loss of approximately $2.74 million for the investor. This has left many in the crypto community speculating about the reasons behind such a costly move.
The giant whale still holds 4,000 ETH within their wallet. This remaining stake in Ethereum could hint at their ongoing interest in the cryptocurrency, and it raises questions about whether further transactions are on the horizon.
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