Ethereum Whale Experiences Losses Amid Market Dip

A significant Ethereum trader, often observed in large transactions over the past 19 days, recently sold off a substantial amount of ETH. According to Odaily, this prominent whale liquidated approximately $6.86 million worth of ETH (2,767 ETH) during an eight-hour period when market conditions turned downward. The timing of this sale contributed to significant losses for the whale, amounting to $233,000 in immediate realized value. Analysts suggest that the sell order occurred near the day’s lowest point, missing a potential profit opportunity of around $210,000 from a price surge. As a result, the overall trading profit for this particular Ethereum whale has narrowed to $1.237 million.