After holding for more than 2 years, even the whale from wallet 0x0340 couldn’t take it anymore and had to cut their losses.


Just yesterday, this guy dumped 5,000 ETH straight away, bringing in $9.38M, and accepted a loss of $13.28M on this trade.
Looking back at the history, more than 2 years ago this wallet had accumulated a total of 9,891 ETH at a total cost of $31.84M, with an average price as low as $3,219. Once the original capital was clearly gone, they got fed up and started selling off—piece by piece, trying to sort it out.
If even a big player who held ETH from the peak still has to let go and take such heavy losses, what chance do small retail investors have to not drown?
Just sharing information, not investment advice. DYOR.
ETH2.23%
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