A Whale Suspected of Dumping 2585 ETH, Profits Reach $5.33 Million
BlockBeats News, September 3rd. According to on-chain analyst Ai Yi (@ai_9684xtpa), a whale transferred the 2,585 ETH accumulated over the past four months to Binance about 10 hours ago (approximately $11.32 million USD), indicating a potential liquidation. If sold, the four-month return on investment would be approximately 89%. With an entry price of $2,316 and an exit price of $4,378, the whale's total gains from buying low and selling high over four months amount to $5.33 million USD.
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