Whale Sell-Off Sparks Market Concerns
According to the latest monitoring data, a whale known for 'buying high and selling low' recently sold 4,000 ETH amid growing market volatility. The transaction was executed at $3,110 per ETH, totaling $12.44 million and signaling a significant shift in market sentiment.
Sudden Shift After Consistent Buying
Since January 9, this whale had been steadily accumulating ETH, even adding to its position just 11 hours before the sell-off. In total, it purchased 12,200 ETH at an average price of $3,233. The abrupt decision to sell has raised concerns about potential market instability.
- Whale sells 4,000 ETH for $12.44 million
- Average buy-in price of $3,233, with a total investment of $39.44 million
- Market volatility rises, affecting investor confidence