Whale bought 3,029.6 ETH, hanging loss 142K USD

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Cryptocurrency Transaction Report

On May 2, an on-chain analyst recorded a notable transaction involving an ETH “whale.” About 11 hours ago, this whale purchased 3,029.6 ETH on-chain at a price of 1,895 USD per ETH, totaling a value of 5.74 million USD. This transaction currently has a temporary loss of up to 142,000 USD.

Since March, this whale’s strategy has been to buy low and sell high, yielding a total profit of 300,000 USD. This trading style demonstrates the high volatility and significant risks of Electronic Money, requiring flexibility and sharpness in investment decisions.

Important Notice

The information in the report is intended to provide market data, not investment advice. The electronic money sector requires investors to be cautious and have a solid understanding to make appropriate decisions.

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