The Whale that previously sold low and bought high, resulting in massive losses, sold 18,000 ETH for 55.34 million USDT half an hour ago.

PANews, July 14 - According to on-chain analyst Yu Jin's monitoring, a Whale that previously lost 16,452 ETH through a low sell and high buy, sold 18,000 ETH at an average price of $3,059 half an hour ago, exchanging it for $55.34 million U. These ETH were purchased at a price of $2,592 on 5/30, resulting in a profit of $8.45 million from this operation alone. But he actually held 35,754 ETH before, and after executing a low sell and high buy operation, he ended up with 19,302 ETH. If he still held these ETH now, their current value would be 109 million dollars instead of 57.05 million dollars. The low sell and high buy operation caused his assets to decrease by 50.31 million dollars.