A certain whale is suspected of liquidating 12,570 ETH that it hoarded after Powell's speech last week, with an estimated profit of 1.46 million USD
According to iChainfo monitoring, three days ago, after Federal Reserve Chairman Powell's speech on August 23rd, an address withdrew 12,570 ETH from CEX. In the following three days, ETH surged by about 5%. An hour ago, this address transferred all its ETH back to CEX, possibly selling it and making a profit of $1.46 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Swedish payment giant Klarna's first stablecoin, KlarnaUSD, has been launched ahead of schedule
Bitcoin OG opens 5x ETH short position worth $15.04 million
Current mainstream CEX and DEX funding rates indicate the market remains broadly bearish
The Crypto Fear Index rises to 28, escaping the "Extreme Fear" zone
Trending news
MoreCrypto prices
More
