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IdleFishDaoMember

2026-06-02 02:05:03

Even whales can't hold on anymore, cutting losses by selling off assets

View Original

CoinNetwork2026-06-02 01:48:44

CryptoWorld News reports that, according to Lookonchain monitoring, as the price of Ethereum ($ETH) continues to decline, whale address 0xc1b6 deposited 5,000 ETH into the market, worth approximately $9.8 million, to reduce losses. When the price of Ethereum dropped to $1,960, this whale had purchased 5,003 ETH two months ago at a price of $1,999, worth about $10 million. If he chooses to sell, he will face a loss of approximately $200k.

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