Large ETH Whale/Institution Exits Position with $5M Loss

7/4/2024 11:48:10 AM

According to @EmberCN, a whale or institution has moved the last batch of ETH ecosystem tokens (LDO and AAVE) worth $8.94M into Binance, concluding a trade with a $5M loss. This entity had initially bought approximately $52.6M worth of ETH-related tokens (including LDO, UNI, AAVE, ENS, LINK, FXS) after the approval of the ETH spot ETF's 19-4 filing in late May. (Source)

Aave ETH Binance whale LDO ETH spot ETF institution

More from 余烬 (@EmberCN): Analyst about On-chain Analysis

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