$ETH
Bottom-fishing backfire!
A whale took a loss on 8 months of ETH,
losing 4.07 million upon exit!
On March 24, on-chain monitoring showed that the whale address 0x44a1 directly liquidated 2,250 ETH, totaling 4.81 million USD, realizing a loss.
This position was bottom-fished 8 months ago, when 2,500 ETH was purchased at an average price of 3,766 USD, with a total cost of 9.42 million USD. This sale resulted in a direct loss of 4.07 million USD, with a loss rate of 43%.