A Whale's Rug Pull: Sell-off of 1531 ETH Results in a $617,000 Loss in Two Weeks

BlockBeats News, October 31st, according to on-chain analyst Ai Auntie (@ai_9684xtpa), a serial ETH whale that conducted multiple rounds of high buying and low selling was observed to have panic sold 1531 ETH (approximately $5.65 million) 7 hours ago. The selling average price was $3691, while the buying average price was $4094, resulting in a loss of $617,000 after holding the position for two weeks.