Whale Sells 3,200 ETH for $12.2 Million After Two-Day Hold

Whale Sells 3,200 ETH for $12.2 Million After Two-Day Hold

On October 24, analyst @ai_9684xtpa revealed a whale's $230 million total long positions, including holdings of 902.96 BTC and 33,270.78 ETH.

BTC
ETH

Summary

On October 24, analyst @ai_9684xtpa reported that a whale's 124.34 BTC buy orders were fully filled, bringing its total long positions to nearly $230 million. The whale now holds 902.96 BTC worth $99.57 million and 33,270.78 ETH valued at $130 million, underscoring the large-scale investment activity in the crypto market.

Terms & Concepts
  • BTC (Bitcoin): The native cryptocurrency of the Bitcoin blockchain, often referred to as digital gold and widely used as a store of value and medium of exchange.
  • ETH (Ethereum): The native cryptocurrency of the Ethereum blockchain, used for transactions, smart contracts, and decentralized applications.
  • Whale: A term used in cryptocurrency markets to describe an individual or entity holding large amounts of a digital asset.