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Token FET

Apr 21, 2024

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Whale sold a large amount of FET at loss

Outflow

Total tokens transferred

Token ETH

483.911

ETH

Token FET

1.444M

FET

Token USDT

1.856M

USDT

Whale 0x9eb sold all 1.444M FET for 483.911 ETH ($1.54M) and 1.856M USDT (total: $3.4M) at $2,352 on average in the past 40 minutes:

 

Notably, this marks the end of the whale's first FET trade:

  • bought 1.504M FET with 1,272 ETH at $3.028 on average (estimated cost: $4.55M) on March 26, 2024;
  • sold the tokens for $3.58M worth of ETH, USDT, and DUSK at $2.378 on average on April 1 and 21, 2024;
  • realized an estimated loss of $977K (-21.4%) after nearly a month of holding.

 

Overall, in the past 2 hours, there have been 2 whales dumping a total of 4.183M FET ($10.06M) for ETH and USDT, causing the price to drop by 5.88%.

 

Fig 1. Whale 0x9eb's overall FET trading history.

#fet
#sell
#dump
#loss