Ethereum Selling Whale Attacks These 5 Altcoins Despite Losses

In the cryptocurrency world, the actions of a whale selling Ethereum attract attention. Moreover, the whale has incurred significant amounts of damage. Despite this, he continues to attack five altcoins. There are comments that he cares too much about the damage to the whale. Let’s look at the details.

Ethereum whale attacks five altcoins despite losses

We are faced with a whale’s buying spree. Accordingly, in the cryptocurrency market, a notable whale has been making waves recently with his accumulation of various tokens including UNIBOT, BITCOIN, LOOKS, HILO, and Dubbz. Over the last 30 days, this crypto whale spent a total of 2,802 Ethereum on these assets. The numerical equivalent of the ETH he spent corresponds to approximately 4.73 million dollars. At the same time, this indicates a significant purchasing frenzy.

On the other hand, the Ethereum whale is also facing a significant loss. Despite its extensive acquisitions, the whale currently finds itself in a challenging position. Accordingly, it is struggling with a loss of approximately $1.05 million at current market prices. This significant loss reflects the volatility and risk inherent in cryptocurrency investments.

Detailed breakdown of the ETH whale

The Ethereum ETH whale’s purchases and corresponding losses are as follows.

• UNIBOT: Whale spent 868 Ethereum to acquire 11,884 UNIBOT tokens at an average price of $125 per token. The figure spent is 1.49 million dollars. However, this investment is at a loss of $385,000.
• BITCOIN: Ethereum whale spent 811 ETH to acquire 13.47 million BITCOIN tokens at an average price of $0.1 per token. The figure spent is equivalent to 1.4 million dollars. Unfortunately, this attempt resulted in a loss of $484,000.
• LOOKS: For 21.78 million LOOKS tokens, the whale allocated 769 Ethereum at an average price of $0.1 per token. The figure spent is approximately 1.26 million dollars. Even though the loss is $94,000, the whale remains hopeful about the asset’s potential.
• HILO: The purchase of 2.57 million HILO tokens required an investment of 240 ETH (equivalent to $393,000) at a price of $0.15 per token. However, the whale is at a loss of $88,000 here too.
• Dubbz: Whale also got into the Dubbz token, spending 114 Ethereum to buy 88,088 Dubbz tokens worth $2.10 each. Accordingly, he invested approximately $185,000. Remarkably, this particular investment generated a modest return of $5,000.

When we look at it as Kriptokoin.com, these investments present difficulties and losses. Additionally, the dynamic nature of the cryptocurrency market shows that future developments may change the landscape. Crypto enthusiasts are closely following these purchases by Ethereum whales. On the other hand, the whale’s journey remains a subject of interest and speculation within the crypto community.