Markets· ★★· bearish·

Address buys 1,486 ETH for $4.03M at $2,710 and is already down $33K

  • —Bought 1,486.37 ETH for $4.03M at an average of $2,710.23
  • —Trade executed on-chain at around 3 a.m.
  • —Position is currently down about $33,000
Why it matters: The trade shows that even large on-chain ETH buys near $2,700 are not immediately profitable, with sellers still pressuring the market.
Source: PANews