Data: A whale transferred 8,825 ETH to Binance in the early morning, losing $3.96 million

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

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