Whale Dumps 3,000 ETH in 5 Hours, Suffers Over $6 Million in Paper Losses

Whale's Massive ETH Dump Sparks Market Attention

According to monitoring by on-chain analyst Ai Auntie, a whale that had accumulated a long position of 105,000 ETH dumped 3,000 ETH in the past 5 hours, incurring a $302,000 loss.

Current Holdings and Loss Status

Currently, the whale's long position across two addresses has been reduced to 102,000 ETH, valued at approximately $202 million, with a total unrealized loss of $6.23 million.

Market Impact Analysis

• The whale's selling could trigger short-term market volatility
• ETH price trends may be affected by whale activities
• Investors should monitor whale movements to mitigate risks