According to Lookonchain platform, an Ethereum whale that had been inactive for 6 months recently reactivated and transferred $228.6 million Ethereum to Bitfinex exchange. This transfer took place right before the recent price drop. The digital currency market has faced challenges with $2.2 billion in liquidated trading positions in the past 24 hours. Ethereum has seen over 20% price decrease, experiencing a greater drop compared to Bitcoin. Additionally, approximately $480 million from long Ethereum trading positions has been liquidated. Meanwhile, a whale that had bet on a 50x leverage on Ethereum’s price drop now has $30 million unrealized profit. You can monitor the prices of all tokens and cryptocurrencies live on the real-time digital currency prices page.
