The OTC whale who bought large amounts of $BTC and $ETH at the start of the market downturn now seems to be giving up.
He sold 23,500 $ETH($47.77M) to repay his loans 9 hours ago. Between Jan 8 and Feb 2, he bought 163,405 $ETH($440M) at $2,691 avg. Between Feb 2 and Feb 5, he bought 4,000 $cbBTC($296M) at $74,004 avg. He is now down as much as $135M.
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The OTC whale who bought large amounts of $BTC and $ETH at the start of the market downturn now seems to be giving up.
He sold 23,500 $ETH($47.77M) to repay his loans 9 hours ago.
Between Jan 8 and Feb 2, he bought 163,405 $ETH($440M) at $2,691 avg.
Between Feb 2 and Feb 5, he bought 4,000 $cbBTC($296M) at $74,004 avg.
He is now down as much as $135M.