A crypto whale acted indecisively regarding Ethereum, first buying 27 million dollars worth of ETH, and then just 3 hours later selling 8.07 million dollars worth of ETH.
The cryptocurrency analysis platform Lookonchain reported a notable whale movement. The data shows that an unidentified whale could not establish a clear position against Ethereum and executed both buying and selling in a short period.
According to the report, the whale in question bought 14,994 ETH at an average price of 1,801 dollars, worth approximately 27 million dollars. However, just 3 hours after this purchase, it sold 4,491 ETH at an average price of 1,797 dollars, worth 8.07 million dollars.
Another interesting point is that the selling price of the whale is slightly lower than the buying price. This situation indicates that the investor prefers to close a part of their position with a small loss.
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Ethereum Whales Unstable: Bought Heavily in a Short Time, Sold Some Back! - Coin Bulletin
A crypto whale acted indecisively regarding Ethereum, first buying 27 million dollars worth of ETH, and then just 3 hours later selling 8.07 million dollars worth of ETH.
The cryptocurrency analysis platform Lookonchain reported a notable whale movement. The data shows that an unidentified whale could not establish a clear position against Ethereum and executed both buying and selling in a short period.
According to the report, the whale in question bought 14,994 ETH at an average price of 1,801 dollars, worth approximately 27 million dollars. However, just 3 hours after this purchase, it sold 4,491 ETH at an average price of 1,797 dollars, worth 8.07 million dollars.
Another interesting point is that the selling price of the whale is slightly lower than the buying price. This situation indicates that the investor prefers to close a part of their position with a small loss.