Analysis of Blockchain Tracker Lookonchain reveals that an investor who participated in the initial currency range of Ethereum (ICO) has traded almost $ 30 million in ETH after years of rest.
In a message on the social media platform X, Lookonchain out That the Ethereum holder woke up from a long sleep to unload thousands of ETH in less than four weeks.
Data shows that the entity sends its coins to the crypto exchange cracking, probably to be sold.
“The Ethereum ICO participant again sold another 1500 ETH ($ 1.76 million) [on May 3rd.]. Since ending a long sleep mode on April 17, [the entity] has sold 16,500 ETH ($ 29.35 million) at an average price of $ 1,779 and still has 13,500 ETH ($ 24.82 million). “
ETH acts for $ 1,830 at the time of writing, a decrease of 4.8% in the day.
The analysis company too finds That the deep pocket holders of the official Trump (Trump) Memecoin also actively discharge, albeit with a loss.
“Two whales dumped 765,128 Trump ($ 8.58 million) with a loss of $ 2.34 million! 3KJP9L earlier earned $ 196,000 on Trump, sold 337.560 Trump ($ 3.81 million) [on May 4th] And lost $ 1.38 million.
7x6vun previously earned $ 732,000 on Trump, sold 427,568 Trump ($ 4.77 million) [on May 4th] And lost $ 961,000! Not only have they wiped out all the earlier profit, they also lost ~ $ 1.42 million in director. ”
Trump acts for $ 11.00 at the time of writing, a decrease of 4.55% during the last 24 hours.
In the meantime, Lookonchain saw another whale that went on Bitcoin (BTC) for a long time and a whole series of altcoins – including ETH – and is currently in gain.
“A whale has long been BTC, ETH, SOL, LTC, XRP, Link and other 16 tokens in the past month, with a total profit of more than $ 9 million. Moreover, this whale bought 309 BTC ($ 24.68 million) at an average price of $ 79.792, which currently bore on non -cerocred profit.”
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Generated image: midjourney