On June 30, the blockchain analysis company The Data Nerd discovered a significant transaction involving a cryptocurrency whale with the wallet address 0x195, who transferred 3,000 ETH to Binance. This move is interpreted as a strategic stop-loss sell order, with the transferred ETH valued at approximately $7.32 million at current market prices. This whale initially purchased these tokens last year at an average cost of nearly $3,338 per ETH, implying an actual loss of around $2.7 million. This large-scale liquidation highlights the ongoing market pressure and the risk management strategies employed by large holders in the turbulent environment of the cryptocurrency market.
