Wallet With $14.26M WBTC Gains Accumulates $43.91M in ETH Since January

Blockchain analyst Ai Yi details whale nemorino.eth’s latest ETH trades, showing active market moves amid a $390,000 unrealized loss on holdings.

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Summary

Blockchain analyst Ai Yi reported that whale nemorino.eth sold 3,000 WETH at $3,095 before repurchasing them at $2,991.29. Following the transaction, the whale holds 7,104.13 WETH at an average cost of $3,045.24, resulting in an unrealized loss of approximately $390,000.

Terms & Concepts
  • WETH: Wrapped Ether — an ERC-20 token representing Ether (ETH) that allows it to be used in decentralized finance (DeFi) applications.