A whale recently panic-sold Ethereum (ETH) at a loss of $203K within just 4 hours.
Whale 0x7bc:
Sold: 2,391 WETH for $5.79 million in USDT and USDC at an average price of $2,422, 5 hours ago.
Address: 0x7bc80676783c79aef5c8818aa1c6cb157187557f
Initial Purchase: Bought 2,381 WETH using $5.97 million worth of USDC, USDT, and DAI at an average price of $2,507, only 8 hours earlier.
The whale faced a loss of $203K (-3.39%) after ETH prices fell shortly after the purchase. This isn't the first time this whale has experienced losses; 5 days ago, they also bought 1,181 WETH at $2,540 and sold it at $2,483, incurring a 2.25% loss as the ETH price declined.