Crypto Whale Sells Over 6,000 ETH at Loss of $320K

On-chain data from Lookonchain reported that a whale sold 31,005 ETH for $92.19 million about six hours ago, resulting in an $18.8 million loss in just two weeks. The whale had purchased 30,838 ETH between November 3 and 10, 2024, at an average price of $3,581 per coin, totaling $110.43 million. This significant transaction highlights the susceptibility of major holders to sharp market swings in the cryptocurrency space.

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