Whale Investor Buys Ethereum Again, But Suffers Massive Losses

AI Review

According to Odaily, a network analyst named Yu Jin reported that a whale investor who previously sold 6,001.7 ETH in late June at $3,384 per share for a profit of $1.64 million has bought back more Ethereum in the past two months. The investor spent a total of $25.33 million to buy back 8,010 ETH at an average price of $3,163 per share. The investor is currently facing unrealized losses of $5.07 million.