A Whale Whacked by a $24.27M Loss After Selling 9,485 ETH at Peak
BlockBeats News, February 5th, according to lookonchain monitoring, 5 months ago, the whale address 0x66cF bought 9,485 ETH at a cost of $44.78 million at the $4,721 peak.
1 hour ago, the same address sold all 9,485 ETH at a price of $2,162, with a transaction volume of approximately $20.5 million, realizing a loss of $24.27 million (-54%).
You may also like

Binance's Overseas Public Opinion Heating Up, Solana Embracing LLM, What's the Overseas Crypto Community Talking About Today?

After incubating Coinbase for 14 years, YC finally decided to disburse investment funds using USDC

Global Asset Meltdown: What Happens When the Bet on De-Dollarization Fails?

a16z: Why AI and Crypto Need Each Other Now More Than Ever

Profit Plunges by a Quarter, Why Did Tether Abandon a $20 Billion Financing Plan

$21 Million Funding, NBA Superstar Investment, Can Prediction Market Bluff Break Through with Its Social Features?

Glassnode On-Chain Data Reveals: Realized Price Average Lost, Bitcoin Enters "Bearish Time"

Gold vs Bitcoin: Which Is the Real Safe Haven in 2026's Turbulent Markets?
Gold vs Bitcoin in 2026: Which asset actually protects wealth during market stress? A closer look at safe havens in times of crisis.

Other than disavowing oneself, what is Vitalik thinking about

Bitcoin briefly fell below $71,000, how much HODL faith is left in the crypto community?

Key Market Information Discrepancy on February 5th - A Must-Read! | Alpha Morning Report

Exit of Speculators, Entrance of Evangelists: GameStop Ultimately Fails to Sustain Strategy

CME’s Coin Issuance, Wall Street Giants Also Looking to “Hunt” the Stablecoin Market?

Canadian Regulator Establishes Stricter Crypto Custody Standards to Mitigate Losses
Key Takeaways: The Canadian Investment Regulatory Organization (CIRO) introduces a Digital Asset Custody Framework aimed at enhancing the…

Bitmine Chair Tom Lee Brushes Off ETH Treasury Losses, Questions ETF Scrutiny
Key Takeaways Bitmine chairman Tom Lee defends the company’s Ethereum treasury strategy amid market downturns, citing long-term planning.…

Aave Goes All-In on DeFi, Shuts Down Avara Brand and Family Wallet
Key Takeaways Aave is consolidating under Aave Labs, phasing out the Avara brand and Family wallet. The shift…

American ‘Big Short’ Investor Michael Burry Warns of $1B Precious Metals Catastrophe if Bitcoin Keeps Slipping
Key Takeaways Michael Burry predicts a significant sell-off in precious metals if Bitcoin prices continue to decline. Bitcoin’s…

Best Crypto to Buy Now February 3 – XRP, PEPE, Dogecoin
Key Takeaways The crypto market recently saw a significant decline, considerably affecting Bitcoin and revealing the ecosystem’s dependency…