On May 22, market observers noted a significant action by a well-known whale trader, tracked by on-chain data analyst @ai_9684xtpa. This trader had previously leveraged the advantage of buying low and selling high in the market, but during the recent market adjustment, he panic-sold 2,767 ETH, worth about 6.86 million dollars. This sudden decision resulted in a loss of approximately 233,000 dollars. Interestingly, despite this setback, the total profit this whale had gained from strategic ETH trading decreased to 1.237 million dollars. Such operations highlight the inherent volatility of the cryptocurrency market and serve as a reminder of the risks involved, even for experienced investors employing detailed market analysis and trading strategies.
