Whale 0xde5 Makes Risky NEIRO Play, Exits with $172K Loss After Just 4 Days
Just four days ago, an ambitious whale known by the cryptic address 0xde536df2a121cf91be35f770acb98c3f9bd5734f made a bold move, splurging 392 ETH—roughly $1.036 million—on a hefty bag of 857.481 million NEIRO tokens. The whale seemed poised for a winning streak as NEIRO appeared to be a promising bet.
But by today, the tides had shifted. In a swift turn of events, 0xde5 offloaded the entire stash of NEIRO tokens, swapping them for 328.1 ETH. The result? A staggering $172K loss, or 63.9 ETH, shaving 16.3% off their initial investment.
Four days was all it took to go from hopeful gains to a bruising exit—a vivid reminder of the crypto market’s ruthless volatility.