Large Investors bought 132,000 ETH in 11 days, with unrealized losses of nearly 40 million USD.

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Recently, an on-chain analyst discovered a noteworthy trading behavior. A large investor or institution carried out a series of significant operations in the Ethereum market. This investment entity previously profited $30.45 million through two Ethereum transactions and then exchanged the remaining $30.58 million USDC for 13,498 ETH.

More notably, the investor converted all 336 million USDC into 132,000 ETH in just 11 days, with an average purchase cost of about 2,540 USD per ETH. However, due to market fluctuations, this investment is currently facing a floating loss of approximately 39.76 million USD.

This series of large-scale transactions reflects the views of certain big investors on the future trend of Ethereum. Although there may be short-term losses, such significant operations often imply that investors are optimistic about the long-term outlook. Of course, the cryptocurrency market has always been highly volatile, and investors need to fully consider the risks when making decisions.

This case once again proves that closely following large transactions and whale movements is of great significance for understanding market trends. However, ordinary investors should still act cautiously when referencing this type of information and conduct their own risk assessment and investment strategy.

ETH-0.19%
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ForkMastervip
· 4h ago
Do you really think you can run away just by trapping a contract? Money laundering also requires picking the right timing.
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RugPullAlarmvip
· 08-09 20:59
Another address ready to bring (leeks) to the (vegetable) market, keep an eye on it.
View OriginalReply0
0xOverleveragedvip
· 08-09 15:13
Waiting for the big whale to Get Liquidated
View OriginalReply0
BlockImpostervip
· 08-09 15:13
Whale also trap haha
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CryptoFortuneTellervip
· 08-09 15:05
Lost tens of millions, it's hard to bear.
View OriginalReply0
BTCRetirementFundvip
· 08-09 14:59
Haha, this is really great.
View OriginalReply0
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