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Ethereum Whale Sells $10.84 Million in ETH at $864,000 Loss

On-chain data reveals that Ethereum address 0x9725...c1776 sold 2,525.3 ETH after a 10-day holding period, incurring a significant loss amidst a market dip.

ETH

Summary

An on-chain analyst reported that Ethereum address 0x9725...c1776 liquidated 2,525.3 ETH, worth about $10.84 million, after holding the position for 10 days, incurring a loss of $864,000. The wallet had initially purchased 2,541 ETH on August 22 at an average price of $4,630, totaling $11.77 million, and sold via CowSwap at an average price of $4,288 per ETH.

Terms & Concepts
  • ETH (Ethereum): The native cryptocurrency of the Ethereum blockchain, used for transactions, staking, and smart contract execution.
  • On-chain Analyst: A researcher who studies blockchain transaction data to track market activity and wallet behaviors.
  • CowSwap: A decentralized exchange (DEX) aggregator that allows users to swap tokens by matching trades peer-to-peer, reducing slippage and gas fees.