Data: A whale deposited 8,825 ETH into Binance 11 hours ago. This swing trade is estimated to have resulted in a loss of $15.7 million.
According to Spot On Chain monitoring, the market turmoil has also severely impacted savvy traders. 11 hours ago, a whale deposited 8,825 ETH ($24.1 million) into Binance, and currently still holds 10,619 ETH ($28.5 million). The estimated total loss of the third ETH transaction in progress is $15.7 million (-23%). This whale previously performed well, earning around $38 million (+26.7%) from 2 ETH transactions between November 2022 and May 2024. Unfortunately, this whale missed the crash on August 5th; otherwise, the loss would not have been so large.
