Whale Deposits 1.068M $SNX into Binance and Incurs a Loss
A whale has recently deposited 1.068 million SNX (worth $2.1 million) into Binance, incurring a loss of $216,000.
Address: 0x921e374c304e681ff4b87b9e239cB6C03147C3E1
Deposit Time: 4 hours ago
Transaction History:
Previous Withdrawals:
The whale withdrew 1.068 million SNX (worth $2.316 million) from Binance at a price of $2.17 on January 30, July 12, and August 24, 2023.
Unrealized Profit:
In May 2024, the whale had an unrealized profit of $3.12 million but chose not to sell at that time.
Summary:
Current Deposit: 1.068 million SNX ($2.1 million)
Current Loss: $216,000
Withdrawal Value: $2.316 million (at $2.17 per SNX)
Unrealized Profit (May 2024): $3.12 million
This whale's decision to deposit SNX into Binance at this time highlights the volatility and risks associated with holding and trading large amounts of cryptocurrency.