Seven wallets that deposited $12.38M worth of $LDO and $AAVE to #Binance in the past 4 hours are currently at a loss, including:
- 4.44M $LDO ($7.91M)
- 49,771 $AAVE ($4.47M)
- Total estimated loss: $3.34M
These wallets accumulated these #Ethereum ecosystem tokens during the ETH ETF approval hype in late May.
With the ETH ETF launch date approaching, does the current token sell-off suggest that whales are bearish?