According to the analysis of on-chain analyst Yu Jin, a whale bought ETH at a price of $3,300 when it began to fall after reaching $3,400 a week ago, betting that ETH would continue to rise. Unfortunately, ETH did not continue to rise and fell all the way to $3,000. Last night, when ETH finally rose a bit, the trader chose to liquidate: selling 10,364.2 ETH bought last week at $3,300 for $3,181, resulting in a loss of $1.22 million. This marks the end of his 16th wave, with 13 wins and 3 losses in 16 waves.
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A whale in a certain band liquidated 10,364.2 ETH bought last week 6 hours ago, with a loss of 1.22 million US dollars
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