Whale deposited 5,000 ETH ($9.35M) to Binance at loss

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Whale deposited 5,000 ETH ($9.35M) to Binance at loss

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Related addresses

0xbaf043f85a7b697a94a8c8f49fb2da0963034473

Total tokens transferred

ETH

Related transactions

0xbaf043f85a7b697a94a8c8f49fb2da0963034473

Binance deposit

Mar 12, 19:34

Whale 0xbaf just deposited 5,000 ETH ($9.35M) to Binance at $1,871:

transaction: 0x2b1017135ec73ec3a0a618d6418bd75c93be1f28075f8646cfbf20ed812dd4b8
address: 0xbaf043f85a7b697a94a8c8f49fb2da0963034473

Notably, the whale withdrew 10,000 ETH from Deribit on February 25 and 26, 2025, at an average price of $2,555 (estimated cost: $25.55M).

Currently, the whale still holds 5,000 ETH ($9.55M) with an estimated total loss of $6.64M (-26%) after holding ETH for 2 weeks.

Fig 1. The overall ETH trading history of Whale 0xbaf.

#eth

#ethereum

#deposit

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Whale 0xbaf deposited 5,000 ETH ($9.35M) to Binance at loss

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