Data: A certain whale bought Ethereum at a high position, losing 13.73 million dollars in 8 days

According to on-chain analyst Yu Jin (@EmberCN), a certain whale encountered significant losses during a bottom-fishing operation in Ethereum. The group purchased 22,880 ETH at a price of $3,570 on November 10, with a total value of $81.68 million. Today, the group sold all their ETH for 67.95 million USDT, with an average selling price of $2,970, resulting in a loss of $600 per ETH and a total loss of $13.73 million.

Monitoring indicates that the whale group's funds mainly came from USDT withdrawn from exchanges such as Binance, MEXC, and Huobi last year. The funds were concentrated to purchase ETH 8 days ago, and the sale was completed today through 4 addresses.