A certain whale incurred a loss of 820 ETH by selling low and buying high, amounting to approximately $3.4 million.
According to Jinse Finance, on-chain analyst Yujin has monitored that a whale previously liquidated their holdings when the price of ETH was $3,764, and then repurchased after the price rose to $4,159. Specific data shows that three hours ago, this whale used 32.511 million DAI to repurchase 7,817 ETH. Due to selling at a lower price and buying back at a higher price, the whale lost 820 ETH in this round of trading, worth approximately $3.4 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.
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