Whales chasing ETH lost $10.67 million due to non-farm payroll data, with cumulative losses exceeding $35.8 million in one month
3hours ago
According to crypto analyst Ember (@EmberCN), a whale who had previously sold HYPE and then switched to long ETH increased his ETH long position at $4,446 following the release of the non-farm payroll data at 8:30 AM. However, ETH subsequently fell back, prompting him to close his entire 52,800 ETH position at approximately $4,265, resulting in a loss of approximately $10.67 million. Since July 25th, this whale has continued to long ETH and frequently stopped out, resulting in cumulative losses of $35.84 million.
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