Whale Exits ETH After $18.8M Loss, Rotates $14.58M into Gold

ETH-0,34%
XAUT0,35%

Gate News bot message, an unknown whale who lost $18.8M on $ETH within 2 weeks has exited ETH and moved into gold. The whale spent $14.58M to purchase 3,299 $XAUT at $4,421 over the past 7 hours.

According to Lookonchain, this whale dumped 31,005 $ETH ($92.19M) 6 hours ago, taking a $18.8M loss in just 2 weeks. The whale had been buying the dip from Nov 3 to Nov 10, acquiring 30,838 $ETH ($110.43M) at an average price of $3,581.

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