Markets· ★★★· bearish·

Whale deposits 15,361 ETH to exchanges, facing $13.45M loss

  • —Whale accumulated 15,810 ETH worth $63.85M at an average price of $4,101.85
  • —15,361.1 ETH worth about $49.55M deposited to exchanges
  • —Deposits occurred at both the $4,478 peak and the $1,910 low
  • —Estimated loss on a full liquidation: $13.45 million
Why it matters: A large exchange deposit may signal intent to sell, adding downward pressure on ETH price.
Source: TokenPost