Lookonchain
OTC whale 0x69A8 sold 6,532 ETH for $13.62 million at $2,085 per ETH, taking an estimated $3.1 million loss. The sale came 10 hours before the reported update.
A month earlier, the whale bought 5,105 ETH for $13.74 million at $2,691 per ETH.
Why it matters
The sale puts a sizable holder's loss-cutting trade in focus. Its reported price was about 22.5% below the earlier purchase price.
Market impact
The 6,532 ETH sold exceeded the 5,105 ETH identified in the earlier purchase. The reported loss is an estimate for the sale, not a measure of the whale's overall trading performance.
Frequently asked questions
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What price did whale 0x69A8 receive for its ETH?
The whale sold 6,532 ETH at a reported $2,085 per ETH, for a total of $13.62 million.
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How much did the whale lose on the sale?
The reported loss was approximately $3.1 million.
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How did the sale price compare with the earlier purchase price?
The $2,085 sale price was $606, or about 22.5%, below the reported purchase price of $2,691 per ETH.
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How much ETH did the whale buy a month before the sale?
The whale bought 5,105 ETH for $13.74 million at a reported price of $2,691 per ETH.
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Did the whale sell more ETH than it bought in the earlier transaction?
Yes. The sale involved 6,532 ETH, compared with 5,105 ETH in the earlier purchase.
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