Whale 0x8c5 has sold $4.2M worth of 12 digital assets over the past 4 days (since August 30):

• top 3 most sold assets include: 1.5M $ARB ($1.03M), 624K $LDO ($953K), 92.9K $FXS ($521K)
• all 12 assets were sold on DEX for stablecoins $USDC, $USDT, and $DAI
• address: 0x8c50b477e61f4c8f8bf22c9e00627ef24c35e4db

Notably:

• whale 0x8c5 has yet to close deals on any of the 12 sold assets and still holds $4.51M worth of them in its wallet or liquidity pools on Uniswap
• the market has been displaying high volatility over the past month, especially with the price of $ARB, the most sold asset by the whale, reaching a new all-time low of $0.8774 on September 1, 2023. This may have prompted the whale to sell its assets now.

Fig. Whale 0x8c5's sold amount and current holding of the 12 digital assets.