Whale Group Sells 22,880 ETH at a $13.73M Loss Over One Week

On November 18, a whale group sold 22,880 ETH, incurring a $13.73 million loss within a week, according to on-chain analyst Yu Jin. The group had purchased the ETH at $3,570 per token on November 10, totaling $81.68 million, and sold them 5 hours ago for $67.95 million at an average price of $2,970 per token, losing $600 per ETH. The USDT used for the purchase was reportedly withdrawn from Binance, Mexc, and HTX last year and consolidated into four addresses for the sale.