Catching Tops: Whale Risks $7.33M Loss on ETH Move
With ETH hitting $2,400, one whale is feeling the heat — after buying the top.
Wallet 0x8f9F8FA50bB7d63Cff00714F7129c6C1F85f55A0 opened a massive position of 15,332 $ETH ($51.7M) at $3,372 just four months ago.
He deposited half of it (7,665 ETH) into StakeStone. But five hours ago, he pulled it all out — and moved it to an exchange.
If he sells now, he's staring at a $7.33M loss.
Is he planning to exit or just reshuffling his strategy? Time will tell.