Svmuu News: According to on-chain analyst Yu Jin, the whale 0xbilly liquidated 2,409 ETH early this morning when the ETH price dropped to $1,569.5, realizing a loss of $220,000 on a total value of $3.78 million. The address had purchased the aforementioned ETH one day prior at a price of $1,660.2, with a total cost of 4 million USDC.
In March, the address had purchased 7,768.5 ETH at $2,254 each, for a total of $17.51 million, but sold at a loss four days later when the price fell, incurring a loss of $800,000.
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Whale 0xbilly liquidated 2,409 ETH at the early-morning low, incurring a loss of $220,000.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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