🚨 ETH Whale Deposits $36.9M to Binance at a Massive Loss! 🚨
A whale address, 0x4fa, just deposited 14,245 ETH ($36.93M) to Binance, marking a heavy loss after an extensive trading cycle. Here’s the breakdown of this complex trading maneuver:
🧑🤝🧑 Network of ETH Whales: This whale is part of a network of 4 ETH-specialized whales, known for actively trading large volumes of ETH. This latest deposit signals the end of their third trading cycle.
📉 Current Losses: After purchasing 23,066 ETH at an average of $3,368 per ETH (totaling $77.68M) and selling it back at an average of $2,643 per ETH, this group incurred a total estimated loss of $16.72M (-21.5%) over 5.5 months.
💹 Past Success: In their first two ETH trading cycles, this whale network netted $37.98M (+26.7%) in profit, achieving a flawless 100% win rate by trading 58,375 ETH. However, the recent loss has reduced their cumulative profit to $21.27M (+9.67%) with a win rate of 66.67%.
🔍 Network Wallets:
Primary Whale: 0x4fa6689b94a433a45b7ea5737327b93eb3caca7c
Other Network Wallets:0x75ba13d7d2e0b7fc0b3e2b2038209fcc778bc62f
0xebf049d602c1ed1874a08e48f98b5e41fcdf4b75
0xfdb5ee804f7c1bac27d692696a6bd98f87ef652b
This recent turn reflects the volatile nature of high-stakes ETH trading. 🐋💰 Keep an eye on these addresses for future moves!
