Markets· ★★· bearish·

Address dumps 1,417 ETH at a loss of about $430K after September buy

  • —Address withdrew 1,417.77 ETH from Binance on Sept 19–23, worth $3.78M
  • —Average buy price was $2,667.77; deposit price was $2,364.18
  • —The 11.38% drop implies a loss of about $430K
Why it matters: Large holders are realizing losses as ETH trades below $2,400, adding to sell-side pressure.
Source: PANews