According to PANews, an Ethereum whale recently sold 3,113 ETH for 10.17 million USDT after holding the position for just 90 minutes. The whale had previously purchased 3,123 ETH on March 21st at an average price of $3,548 (approximately $11.08 million). They sold the ETH last night at an average price of $3,366, resulting in a loss of $570,000.
The same whale then spent $10.51 million USDT to buy 3,113 ETH at an average price of $3,376. This quick turnaround in trading activity highlights the volatile nature of the cryptocurrency market and the potential risks and rewards for large-scale investors.
