Data: A giant whale sold 19,667 ETHs worth about $47.3 million through MEV bot arbitrage in the past month
A giant whale of an investor who specializes in arbitrage has been selling at low ETH prices several times over the past month, Lookonchain monitored. The investor has sold a total of 19,667 pieces of ETH worth around $47.3 million in the past month. The giant whale has been arbitraging ETH through the MEV bot, but has poorly timed his sales, selling at market lows almost every time.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Yelooo Integra Datanet corrects July securities holders registration report
Cakra Buana Resources Energi shareholder Republik Capital cuts stake to 9.3% from 11.3%
Preferred shares of South Korean companies are trading at a record 45% discount in ten years; Samsung's 110 trillion won buyback plan may help eliminate the "Korea discount"
Samsung Electronics' highly anticipated stock buyback plan is raising investor expectations that the South Korean giant will purchase non-voting preferred shares, narrowing their deep discount and setting a precedent for other companies.
