Whale Dumps 3,000 ETH Worth $7.32M on Binance, Realizing $2.7M Loss

On June 30, blockchain analytics firm The Data Nerd identified a significant transaction involving a crypto whale with the wallet address 0x195, who transferred 3,000 ETH to Binance. This move is interpreted as a strategic stop-loss sell order, with the transferred Ethereum valued at roughly $7.32 million at current market prices. The whale originally acquired these tokens last year at an average cost basis near $3,338 per ETH, indicating a realized loss of approximately $2.7 million. This sizable liquidation highlights ongoing market pressures and risk management tactics employed by large holders amid volatile crypto conditions.

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