📉 Whale Activity Causes Significant Price Drops in $LDO, $AAVE, $UNI, and $FXS
Today, a whale/institution made notable trades, selling substantial amounts of several tokens at a loss, which impacted the market prices significantly.
Tokens Sold and Price Impact
$LDO: 3.13M ($5.77M)
$AAVE: 49,771 ($4.54M)
$UNI: 269,177 ($2.41M)
$FXS: 250,969 ($708K)
This mass liquidation led to price drops across these tokens.
Previous Investments and Current Holdings
The whale had previously invested over $73M into $ETH and Ethereum ecosystem tokens following the SEC's approval of form 19b-4 for an $ETH ETF at the end of May. The current holdings are:
$LDO: 3.33M ($5.83M)
$AAVE: 31,191 ($2.8M)
Profit and Loss Breakdown
Total Profit: $2.87M
$ETH: Made $7.29M
$LDO: Lost $3.23M
$AAVE: Lost $1.1M
Addresses Involved
0xF79bc116bf2887f5721BEC1d6a6dB344fAAEb2D0
0x3A857930C78F21d6C4CD4A05cBA3613E53FD74cb
0x2019E2F0aA900e0a52C05eE8e8F6246CeB926beF
0xE18941D143118acde96818F28cdA3Cd2C369e7dF
0xe934a8F424bC7CcD344f858E1883f89a1A3DdD23
0xf07BACCfC49Da8D27cF32221b653c6c95599EdDa
This whale's activity demonstrates the significant impact that large trades can have on market prices, and highlights the risks involved in such high-stakes trading. 🐋📉
