Ethereum Whale Sells Holdings at a Loss After 47 Days

According to Odaily, an Ethereum whale recently liquidated 1,550.4 ETH after holding the assets for 47 days, selling at an average price of $2,438.5 per ETH. This transaction resulted in a cash-out of approximately $3.78 million, but the whale incurred a loss of $69,000. The address initially purchased the ETH on May 12 at a price of $2,482.73 per ETH. During the holding period, the potential profit peaked at $614,000, but the whale did not capitalize on this opportunity, ultimately exiting the market with a loss.