In line with analytics platform Lookonchain, a dormant Ethereum whale just lately awakened from hibernation after six months of inactivity.
The deal with despatched a whopping $228.6 million value of Ethereum (ETH) to Bitfinex shortly earlier than a current worth crash.
As reported by U.Right now, the cryptocurrency market just lately acquired hit by $2.2 billion value of liquations inside simply 24 hours.
Ethereum (ETH) has nose-dived by greater than 20% over the previous 24 hours alongside another main cryptocurrencies.
Practically $480 million value of ETH lengthy positions has been liquidated, with the flagship altcoin taking a a lot larger hit than Bitcoin (BTC).
In the meantime, a whale who shorted ETH with 50x leverage proper earlier than the market crash presently has an unrealized revenue of over $30 million.
