After Today's Drop, Giant Whale Gave Up: He Sold All of His Altcoins at a Loss!
๐ Crypto Update: Understanding the Recent Market Moves
Recently, a significant whale in the crypto space made headlines by selling off large holdings of LDO and AAVE at a loss, signaling a major shift in sentiment. The whale, known for its substantial investments post-SEC Ethereum ETF approvals, has now transferred remaining assets to Binance.
Key transactions include:
- Depositing 3.33M LDO (~$5.67M) and 31,191 AAVE (~$2.56M) to Binance.
- Previous sales included 3.13M LDO, 49,771 AAVE, 269,177 UNI, and 250,969 FXS, impacting market prices.
This move has influenced LDO (-2.4% to $1.68) and AAVE (-6% to $81.5) prices in the last 24 hours. Stay tuned as market dynamics evolve in response to these developments.
