$ETH whale were forced to cut their losses of over $4.3 million overnight on December 16th amid selling pressure.

ETH
ETHUSDT
2,940.94
-2.95%

๐Ÿ”น On chain data recorded on December 16th, from 00:12 to 01:33, shows that this whale had to close 3 long $ETH positions at prices around $2,917 to $2,980.

๐Ÿ”ธ On December 16th, the total realized loss was $4.34 million, including losses of $1.22 million, $2.09 million and $1.01 million.

๐Ÿ”น During this investment period, the whale not only lost all profits but also incurred a loss of approximately $2.4 million.

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This article is for reference only, this is not investment advice. Please read and consider carefully before making a decision.