Blockchain analytics firm Arkham reports that the well-known crypto trader liquidated his entire Ethereum holdings, leaving only $53 remaining in his account.
According to blockchain analytics firm Arkham, the trader known as the 'Hyperunit Whale' exited his entire Ethereum position, resulting in a $250 million loss. Following the sale, only $53 remained in the trader's account. The event highlights the risks of holding large positions in volatile cryptocurrencies, where significant market moves can lead to massive portfolio devaluation.