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Whale Returns 4,637 Ether Over Two Months With a $1.27 Million Loss

The holder received 4,892 ETH through Galaxy Digital’s over-the-counter channel and had 255 ETH, worth about $483,000, remaining.

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A silver token sits beside a mostly empty brass tray. / TokenPost.ai
A silver token sits beside a mostly empty brass tray. / TokenPost.ai

A large Ether (ETH) holder returned 4,637 ETH over two months after receiving 4,892 ETH through Galaxy Digital’s over-the-counter channel, leaving 255 ETH in the position.

The returned ETH was valued at about $10.1 million, while the 4,892 ETH received was worth about $11.85 million. The latest return was 1,796 ETH, valued at about $3.42 million, on Saturday, Nov. 14.

The holder had disposed of 95% of its ETH position and had an estimated loss of about $1.27 million. The remaining 255 ETH were worth about $483,000.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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