Whale Transfers 9,706 ETH via ThorChain, Realizes $28.6 Million Profit

A whale's recent transactions, including a sale of 3,158 ETH and a repurchase, highlight significant losses amid fluctuating valuations in the crypto market.

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Summary

Earlier this year, a whale exchanged 220.1 cbBTC for 6,202.4 ETH, incurring an $8.37 million loss. Recently, the whale sold 3,158 ETH for DAI and repurchased 3,053 ETH, resulting in a loss of 105 ETH worth $26,000. These moves reflect the volatility and risks faced by large investors in the cryptocurrency market.

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