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TechFlow reported on August 28 that, according to Lookonchain monitoring, a whale investor skilled in arbitrage has repeatedly sold ETH at price lows over the past month. The investor sold a total of 19,667 ETH over the past month, worth approximately $47.3 million. The whale acquired ETH through MEV bot arbitrage but demonstrated poor timing in sales, nearly always liquidating near market bottoms.
According to Lookonchain monitoring, an arbitrage-savvy whale investor has repeatedly sold ETH at price lows over the past month. The investor sold a total of 19,667 ETH worth approximately $47.3 million in the past month. The whale acquired ETH through MEV bot arbitrage but performed poorly in timing sales, nearly always selling at market lows.
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