Two years of holding $ETH … and now the whale finally cut the position.
This one is painful. Two wallets believed to belong to the same whale just deposited a combined 6,503.69 ETH, worth around $15.94M, into Binance. And after the deposit, the whale appears to have completely exited the position .... locking in a loss estimated at more than $10M.
Here’s how the position was built:
Wallet 0x034…F553A
Bought 9,891 ETH between February and June 2024
Average entry: $3,219.35
Wallet 0x908…8E7cB
B...