Digital Currency
Add as a preferred source on GoogleThe wallet exited close to 30,000 ETH at an average price of $2,135.20 per ETH, with the position valued at about $64.66 million at closing.
An Ether (ETH) long that once showed a floating gain of nearly $16.8 million closed with a reported $1.106 million loss, on-chain analyst Ai 姨 said.
Ai 姨 linked the wallet to the UXLINK attacker and said the trade had remained open for nearly three months.
The wallet exited close to 30,000 ETH through time-weighted average price (TWAP) execution, according to Ai 姨. The average exit price was $2,135.20 per ETH, and the position was valued at about $64.66 million at closing.
Binance's ETH/USDT pair fell from $2,088 to $2,057 in the hour ending at 8:32 a.m. ET. Ether traded at $2,073.16 as of 13:51 UTC, down 2.32% over 24 hours.
The Nov. 9 addition was 4,223.37 ETH. The wallet's seven winning Ether trading rounds ran from Oct. 18 through Nov. 6, before the increase.
Liquidations totaled $11.03 million across Binance, Bybit and OKX as Ether fell from $2,134 to $2,107 in one hour.
