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A certain whale address sold 5500 ETH in the past 4 hours, engaging in multiple recent loss-making swing trades.
BlockBeats News, August 25th, according to LookIntoChain monitoring, in the past 4 hours, a whale address once again sold 5,500 ETH in a panic, totaling approximately $25.32 million, with an average selling price of $4,603.
It is reported that this address has recently engaged in multiple "buy high, sell low" swing trading operations, often buying in during FOMO sentiment and selling out in market panic. These include:
July 29th to August 3rd: Sold 38,582 ETH at an average price of $3,548 (approximately $136.9 million).
August 8th to August 15th: Bought back 16,800 ETH at an average of $4,424 (approximately $74.3 million).
August 16th to August 20th: Sold 10,900 ETH at an average price of $4,369 (approximately $47.6 million).
August 23rd: Bought 7,500 ETH at an average price of $4,747 (approximately $35.6 million).
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