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Whale Deleveraging Signal: 8,550 ETH sold off in large amounts, with unrealized losses of nearly $50,000
【Blockchain Rhythm】Monitoring on December 31st showed a change in the ETH holdings of a large holder. A week ago, he accumulated 8,550 ETH at an average cost of $2,991, and now he has started to act.
10 hours ago, this whale transferred 3,000 ETH to a major trading platform, worth approximately $8.93 million. The problem is, at the current price, if this transferred position is fully liquidated, it would result in a loss of $43,000.
Interestingly, another portion of the position built last week still holds 5,550 ETH, with an unrealized loss of $46,000. Overall, this wallet still maintains a massive holding of 22,981 ETH, clearly gradually easing the pressure on its chips.