A whale transferred 8,825 ETH to Binance in the early morning, realizing a loss of $3.96 million

PANews reported on August 27 that according to on-chain analyst Yujin's monitoring, a whale transferred 8,825 ETH (worth $24 million) to Binance 8 hours ago, realizing a loss of $3.96 million (-14%).

These 8,825 ETH were bought by the whale at an average price of $3,168 during the period of 7/28-8/4, and are now sold at a price of $2,719, resulting in a loss of $3.96 million (-14%). The whale made the purchases in the pre-crash decline on 8/5, missing the crash on 8/5, otherwise they would not have incurred a loss and might have even made a profit.

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