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An anonymous whale lost $18.8 million on Ethereum within two weeks and has now sold off its Ethereum holdings and invested in gold instead.

according to Lookonchain monitoring, an anonymous whale lost 18.8 million USD on Ethereum in just two weeks, and has now sold Ethereum and shifted to gold assets. In the past 7 hours, the whale spent 14.58 million USD to purchase 3,299 XAUT (gold-backed tokens) at a unit price of 4,421 USD.

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