A group of whales bought ETH at the bottom and sold it after a week, incurring a loss of $13.73 million.

According to on-chain analyst Ember, a whale group purchased 22,880 ETH at an average price of $3,570 eight days ago, for a total value of $81.68 million. Five hours ago, the group exchanged all the ETH for 67.95 million USDT at an average price of $2,970, incurring a loss of $13.73 million. These USDT were withdrawn from exchanges such as Binance, MEXC, and HTX through multiple addresses last year and used to purchase ETH eight days ago. Today, these assets have been consolidated into four addresses for sale.