Deep Tide TechFlow News, January 02, according to on-chain analyst Yu Jin's monitoring, a giant whale/institution that lost $13.73 million by high buying and low selling ETH over a week in November has moved again after its last failed operation. However, today it purchased not ETH but gold: half an hour ago, it bought 2,251 XAUt with 9.95 million U, at an average price of $4,420.
Last time in November, it bought 22,880 ETH at a price of 3,570 ($8168 million ), then cut losses a week later at a price of $2,970, incurring a loss of $1373 million.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Deep Tide TechFlow News, January 02, according to on-chain analyst Yu Jin's monitoring, a giant whale/institution that lost $13.73 million by high buying and low selling ETH over a week in November has moved again after its last failed operation. However, today it purchased not ETH but gold: half an hour ago, it bought 2,251 XAUt with 9.95 million U, at an average price of $4,420.
Last time in November, it bought 22,880 ETH at a price of 3,570 ($8168 million ), then cut losses a week later at a price of $2,970, incurring a loss of $1373 million.