Cryptocurrency | Price (USDT) |
---|---|
BTC | $107251.5500000000 |
ETH | $2430.0900000000 |
BNB | $649.2398300000 |
XRP | $2.1825720000 |
ADA | $0.5614562000 |
SOL | $149.8098000000 |
DOGE | $N/A |
DOT | $3.3877000000 |
LTC | $86.2874000000 |
LINK | $13.3116600000 |
Category: CRYPTO NEWS
The post Whales Dump 5,657 ETH at a $1.9M Loss Amid Recent Market Downturn appeared on BitcoinEthereumNews.com. On-chain data reveals significant selling pressure as three major Ethereum holders offloaded a combined total of 5,657 ETH, equating to approximately $13.4 million, within a seven-hour window. According to blockchain analyst Ai Auntie (@ai_9684xtpa), these transactions occurred at a loss, with the aggregate unrealized loss nearing $1.93 million. This activity underscores a cautious sentiment among large holders amid recent market volatility. The first whale, identified by the address prefix 0xb1c, liquidated 1,440 ETH in a single transaction after a six-month holding period. The sale executed at an average price of $2,392 per ETH, significantly below the acquisition cost of $3,359.3, resulting in a realized loss of $1.39 million. This highlights the pressure on long-term holders to mitigate losses amid unfavorable price movements. Another prominent address, starting with 0x4F1, divested 2,716 ETH at an average price of $2,301, approximately 10 hours after purchasing at a short-term peak of $2,422.89. This rapid turnover led to a loss of $330,000, reflecting short-term market fluctuations and the challenges of timing exits in a volatile environment. Lastly, the whale with the prefix 0xF89 exited a position of 1,501 ETH acquired at $2,529.95 on June 19th. The liquidation occurred at an average price of $2,392.75, culminating in a loss of $206,000. This transaction further illustrates the current bearish pressure impacting Ethereum holders across different investment horizons. ‘, ‘ 🔒 Secure and Fast TransactionsDiversify your investments with a wide range of coins. Join now! ‘, ‘ 💎 The Easiest Way to Invest in CryptoDont wait to get started. Click now and discover the advantages! ‘ ]; var adplace = document.getElementById(“ads-binance”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex; adplace.innerHTML = adscodesBinance[adsindex]; sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBinance”, sessperindex); } })();…
2025-06-22T02:43:44+00:00