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An Address Allegedly Liquidates ETH at the V-Shaped Bottom, Projected Loss of Approximately $430,000

Per on-chain analyst Ai Yi's monitoring, an address that accumulated ETH at an average price of $2667.77 in September appears to have fully liquidated its position during the price decline. Address 0xF4B…496eb previously withdrew 1417.77 ETH worth $3.78 million from Binance between September 19 and September 23. Eight hours ago, the address re-deposited all of its ETH back to the exchange at a price of $2364.18. If the assets are sold at this level, the position will shrink by 11.38%, resulting in an estimated loss of approximately $430,000.

Source: PANewsRead original

ETH
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An Address Allegedly Liquidates ETH at the V-Shaped Bottom, Projected Loss of Approximately $430,000 | CoinByte