Oct 04, 2023
SOC Team
Whale kept buying $RLB after losing from $ETH
Related addresses
Total tokens transferred
11K
ETH
3.589M
RLB
Whale 0x828 has swapped a total of 500K $USDC for 3.589M $RLB at $0.139 on average since September 29 (5 days ago):
- the latest purchase was swapping 200K $USDC for 1.288M $RLB at $0.155 on average on October 4, 04:31 AM (UTC)
- the steady rise in the $RLB price (+51.21% over the past 7 days) might have tempted whale 0x828 to accumulate the token
- currently holds all $RLB, now priced at $0.1569 ($563K)
- address: 0x82886ad5e67d5142d44ed1449c2e41b988bfc0ab
On the other hand, whale 0x828 had a poor week with $ETH, suffering a loss of $114K (-0.62%) in 6 days:
- bought a total of 11,000 $ETH with 18.5M $USDC at $1,681 on average whenever the price started to rise between September 28 and October 2
- decided to sell all for $18.4M $USDC at $1,670 on average only between October 2 and October 4 just now
- this is just a part of a bigger loss in whale 0x828's third and ongoing $ETH trade (details below)
Overall, whale 0x828, who was once a smart trader, appears to have been losing his performance lately, especially with $ETH:
- earned $14.17M from his first two completed $ETH trades between December 11, 2022, and April 21, 2023; however, is currently at a loss of $7M from his third and ongoing one since June 22, 2023. Current holding: 1,950 $ETH ($3.19M). Net profit from $ETH: $7.17M
- earned $357K from trading $MKR between July 6, 2023, and August 22, 2023
- has a small floating gain of $63K from the newly bought $RLB
- total estimated profit from all tokens: $7.59M
Fig 1. Whale 0x828 has bought 3.589M $RLB at $0.139 on average ($500K) since September 29.
Fig 2. Whale 0x828 lost $114K from $ETH in just the past week.
Fig 3. Whale 0x828 is suffering an estimated loss of $7M from his third and ongoing one since June 22, 2023.