Giant Whale, Struggling for 2 Years, Gave Up: Sold All of Its Assets with a Loss of 8.43 Million Dollars from Three Altcoins

Someone who doesn’t seem to be very good at trading. cryptocurrency The whale seems to have finally given up.

Just hours ago, according to data provided by Lookonchain, the whale Ethereum (ETH), Optimism (OP) ve Arbitrage (ARB) He sold all of his assets with a loss of $8.43 million.

According to the data, the whale wallet sold $19.5 million worth of ETH at $2,903 and lost $6.45 million.

On the other hand, it sold $1.06 million worth of OP at $2.48 and lost $902 thousand. Finally, he sold ARB worth $882 thousand at $0.98 and lost $1.08 million.

It is not clear whether the cryptocurrency whale gave up completely and exited the market, or whether he waited for the market to drop further and sold his assets to buy lower.

At the time of writing this article, ETH is traded at 2.905, OP is traded at 2.55, and ARB is traded at $1.

Currently, the whale wallet still holds the USDC stablecoins it obtained from the sale of the assets in question.

Balina had been accumulating a significant portion of his assets since 2022.

*This is not investment advice.