Whale cut their losses on $2 million $ETH worth of and fled the market.

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On chain data has just revealed that a large whale wallet, 0x0Af4, transferred 1,200 $ETH worth $3.8 million to exchanges like Binance to dump its holdings and cut losses.

The whale accepted a loss of up to $2.02 million when selling at an average price of $3,280, much lower than its purchase price, indicating extreme pessimism about short term trend.

What are your thoughts on the future of $ETH?

This article is for reference only, this is not investment advice. Please read and consider carefully before making a decision.