Do you know it was panic driven? While over $1M in profits, it could just as well be a risk protection strategy. I mean, never a bad choice if you stick with your strategy 👍

According to Odaily, a prominent Ethereum whale, known for its trading activity over the past 19 days, sold 2,767 ETH, valued at approximately $6.86 million, during a market downturn eight hours ago. This panic-driven sale resulted in a loss of $233,000 for the whale. Analysts noted that the sale occurred near the day's lowest point, causing the whale to miss out on a potential profit of $210,000. Consequently, the cumulative profit from the whale's Ethereum trading has narrowed to $1.237 million.