TechFlow news, according to Embers monitoring, a whale transferred 8,825 ETH (worth $24 million) into Binance 8 hours ago, realizing a loss of $3.96 million (-14%).
The 8,825 ETH were purchased between July 28 and August 4 at an average price of $3,168; they were sold at $2,719, resulting in a $3.96 million (-14%) loss.
He bought the ETH in several transactions during the market dip before the major crash on August 5. By missing the sharp decline on August 5, he ended up with a loss—otherwise, he might have avoided losses or even turned a profit.
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