An ETH band whale exited positions in under 24 hours, likely realizing losses—approximately $263,000.
7x24h News
An ETH band whale exited positions in under 24 hours, likely realizing losses—approximately $263,000.
According to on-chain analyst Ai Aunt (@ai_9684xtpa), the address 0x46D...c35cF withdrew a total of 7,240 ETH (approximately $16.87 million) from Bybit and OKX yesterday at an average price of $2,330. Subsequently, within less than 24 hours, it rapidly deposited 5,819.8 ETH back to exchanges at an average deposit price of approximately $2,284.79. If sold at this point, the estimated loss would be around $263,000, with the remaining position showing an unrealized loss of approximately $65,000.
Navigating Web3 tides with focused insightsTechFlow News: On May 12, according to on-chain analyst Ai Aunt (@ai_9684xtpa), the address 0x46D...c35cF withdrew a total of 7,240 ETH (approximately $16.87 million) from Bybit and OKX yesterday at an average price of $2,330 per ETH. Subsequently, within less than 24 hours, 5,819.8 ETH were rapidly deposited back to exchanges at an average deposit price of approximately $2,284.79. If sold at this point, the estimated loss would be around $263,000, while the remaining position carries an unrealized loss of approximately $65,000.
