A major whale deposits 4,500 ETH to an exchange, still facing a $4.32 million loss after holding for over a year
According to Foresight News, monitoring by @ai_9684xtpa shows that a certain whale has deposited 4,500 ETH, worth approximately $13.08 million, to an exchange in the past five hours. This portion of ETH has been held for over a year, with an average acquisition cost of around $3,868 per ETH. If sold now, it would result in a loss of about $4.32 million. When ETH hit a short-term low of $1,385 this April, this address was once facing an unrealized loss of $11.17 million.
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
Nvidia is negotiating to invest hundreds of millions of dollars in Firmus

It is reported that EQT has proposed to acquire Qiagen (QGEN.US) for over $50 per share, and KKR is also participating in the bid.
EQT AB is engaged in advanced negotiations to acquire the European molecular diagnostics company Qiagen (QGEN.US), and has submitted a binding offer at over $50 per share.

JPMorgan Asset Management includes bitcoin in long-term assumptions for the first time: 10-year annualized return expected at 10%, but 55% volatility remains a concern
JPMorgan Asset Management has included Bitcoin in its long-term capital market assumptions for the first time, forecasting that its returns over the next decade may outperform stocks, bonds, and gold. This is regarded as a milestone for Bitcoin's acceptance on Wall Street.

