Add as a preferred source on GoogleWhale Deposits 2,380 BNB After Estimated Cumulative Unrealized Losses of $1.536 Million
The wallet deposited about $1.85 million in BNB to Binance within 20 minutes and still holds large UNI and Litecoin positions.
An unidentified whale deposited 2,380 Binance Coin (BNB), worth about $1.85 million, to Binance within 20 minutes, appearing to exit its BNB position after building a broader altcoin portfolio since Sept. 23.
The deposit would represent an estimated $73,000 loss if the BNB were sold. The wallet’s estimated cumulative unrealized losses across BNB, UNI and Litecoin total $1.536 million.
The wallet still holds 1,014,020 UNI tokens valued at $8.91 million. Based on an average withdrawal price of $8.79, that position has an estimated unrealized loss of $1.409 million.
It also holds 12,397 Litecoin valued at about $841,000. The average withdrawal price was $67.86, leaving an estimated unrealized loss of $54,000.
The BNB deposit was recorded at 12:54 a.m. ET (04:54 UTC) on Oct. 10.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.