Timing of sale, however, resulted in whale realizing $4 million loss
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The timing of the sale, however, resulted in the whale realizing a $4 million loss, a significant sum even for a large-scale investor. What makes this sell-off particularly noteworthy is that it marks the second loss-making move by the same Ethereum whale. According to Lookonchain, the whale had previously incurred a loss of approximately $500,000 as a result of selling their ETH holdings at a lower price than when they acquired them. This raises questions about the whale's trading strategy and their ability to accurately time the market., as crypto prices have been on the decline, Ethereum is seeing the fastest rise in its discussion rate.
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