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TechFlow news, October 11 — according to analyst Yu Jin's monitoring, a whale that bought ETH nine days ago sold off its entire position following today's sharp decline, completing a "buy high, sell low" move. Nine days ago, it used 38.017 million DAI to purchase 8,637 ETH at $4,402 per ETH; this morning after the price drop, it liquidated its holdings for 32.511 million DAI at $3,764 per ETH, incurring a loss of $5.506 million.
According to analyst Yu Jin's monitoring, whales who bought ETH nine days ago liquidated their positions after today's sharp decline, completing a "buy high, sell low" move. Nine days ago, they purchased 8,637 ETH for 38.017 million DAI at a price of $4,402; this morning after the market dropped, they fully exited their position, receiving 32.511 million DAI at $3,764, resulting in a loss of $5.506 million.
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