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Token ETH

Aug 26, 2024

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Smart whale deposited 8,825 ETH ($24.07M) to Binance at a loss

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Token ETH

8.825K

ETH

Whale 0x75b just deposited 8,825 ETH ($24.07M) to Binance at a loss:

 

Currently, the whale still has 10,619 ETH ($28.45M) in another wallet, 0x4fa6, with an estimated total loss of $15.7M (-23%) from this third and ongoing ETH trading cycle:

  • withdrew 19,436 ETH from Binance at $3,509 on average (estimated cost: $68.21M) between May 29 and August 3, 2024, via 2 wallets "0x75a" and "0x4fa";
  • deposited 8,825 ETH back to Binance at only $2,729 on average ($24.09M) on August 26, 2024, just now.

 

However, the whale used to make an estimated cumulative profit of $37.98M (+26.7%) from trading 58,375 ETH in the first 2 completed ETH trading cycles between November 21, 2022, and May 23, 2024, with a win rate of 100%.

 

Fig 1. Whale 0x75b's current ETH trading cycle.

 

Fig 2. Whale 0x75b's overall ETH trading history.

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#ethereum
#deposit
#binance
#loss
#smart trader
#overall profit