Three weeks ago, a whale built a position in ETH and then liquidated 4,790 ETH, incurring a loss of approximately $125,000.

ETH-1.08%

Gate News reports that on March 8, on-chain analyst Ai Yi detected that an address starting with 0x6ba liquidated 4,790.33 ETH three hours ago, incurring a loss of approximately $125,000. The address previously withdrew 4,790.33 ETH (worth about $9.446 million) from a CEX between February 13 and February 14 at an average price of $1,971.98. After holding for three weeks, it recharged the ETH into the same CEX at a price of $1,945.85. Data shows that on March 5, this address was temporarily in profit by $998,000.

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