Categories: Analysis

Crypto Whale’s 30-Day Spending Spree Results In $1.05M Loss

Key Points:

  • Crypto Whale Whale accumulates several cryptocurrencies in 30 days.
  • Whale spends 2,802 ETH but suffers losses of $1.05M.
  • One purchase of $Dubbz yields a small profit for the whale.
A crypto Whale accumulated several cryptocurrencies, spending 2,802 ETH in 30 days. However, at current prices, the whale has lost $1.05M, except for a small profit on a $Dubbz purchase.

Lookonchain recently reported that a whale has been accumulating several cryptocurrencies, including $UNIBOT, $BITCOIN, $LOOKS, $HILO, and $Dubbz. In the last 30 days, the whale spent a total of 2,802 $ETH ($4.73M) to buy these cryptocurrencies, but at the current price, the whale has lost $1.05M.

The largest purchase made by the whale was 11,884 $UNIBOT at $125, which cost 868 $ETH ($1.49M) and resulted in a loss of $385K. The second-largest purchase was 13.47M $BITCOIN at $0.1, which cost 811 $ETH ($1.4M) and resulted in a loss of $484K.

The third-largest purchase was 21.78M $LOOKS at $0.1, which cost 769 $ETH ($1.26M) and resulted in a loss of $94K. Finally, the whale spent 240 $ETH ($393K) to buy 2.57M $HILO at $0.15, which resulted in a loss of $88K.

Although the whale did make a profit on one of its purchases, he spent 114 $ETH ($185K) to buy 88,088 $Dubbz ($305K) at $2.10, resulting in a profit of $5K.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Thana

I am a news editor at Coincu, where I produce daily editorial packages and manage the knowledge and review article sections. Before journalism, I earned a Bachelor's degree in Global Logistics and Supply Chain Management from Northampton University and studied news journalism at Press Association Training.

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