Whale’s Aggressive $17.2M ETH Sell Triggers $2.9M Deficit

Whale's Aggressive $17.2M ETH Sell Triggers $2.9M Deficit

An abrupt financial maneuver occurred seven hours ago, resulting in a significant financial setback of $2.9 million for the investor.

The severity of this situation becomes more evident when we delve into the extensive portfolio adjustments made by this individual. Engaging in transactions involving 18 different tokens, the investor’s trading skills needed to improve, with only four of these tokens proving to be profitable endeavors.

Whale's Aggressive $17.2M ETH Sell Triggers $2.9M Deficit

This underwhelming performance resulted in a success rate of a mere 22%, underscoring the formidable challenges even experienced traders encounter within the volatile cryptocurrency landscape.

Despite these mixed outcomes, the investor’s current financial situation is characterized by fluctuations. Benefiting from the recent resurgence of the Ethereum (ETH) market, the investor has managed to accumulate a noteworthy profit of $10.8 million through their ETH holdings.

Whale's Aggressive $17.2M ETH Sell Triggers $2.9M Deficit

However, this glimmer of success is counterbalanced by losses incurred elsewhere. Specifically, the investor faces a deficit of $3.6 million attributed to the PDT token and an additional loss of $1.3 million associated with the MPL token.

Read Previous

Dymension’s Froopyland Testnet Rewards 10 Million DYM Tokens

Read Next

FTX Founder’s Prison Conditions Raise Concerns