PANews reported on July 14 that according to on-chain analyst Yu Jin's monitoring, a whale that previously lost 16,452 ETH through a low sell high buy operation sold 18,000 ETH at an average price of 3,059 USD half an hour ago, exchanging it for 55.34 million USD. These ETH were purchased at 2,592 USD on May 30, and just from this operation, he made a profit of 8.45 million USD.
But he actually held 35,754 ETH before, and through a low sell high buy operation, it turned into 19,302 ETH. If he still held these ETH now, their current value would be 109 million USD instead of 57.05 million USD. The low sell high buy operation caused his assets to decrease by 50.31 million USD.
