After Today's Drop, Giant Whale Gave Up: He Sold All of His Altcoins at a Loss!

The whale, which recently sold altcoins at a loss, has completely given up. Balina transferred the remaining LDO and AAVEs to Binance.

According to Lookonchain's post, this whale deposited 3.33 million LDO worth $5.67 million and 31,191 AAVE worth $2.56 million into Binance.

This whale/institution deposited the remaining 3.33M $LDO($5.67M) and 31,191 $AAVE($2.56M) to #Binance 7 hours ago.

As you may remember, this whale sold 3.13 million LDO ($5.77 million), 49,771 AAVE (4.54 million), 269,177 UNI ($2.41 million) and 250,969 FXS ($708 thousand) at a loss yesterday.

The whale, again selling at a loss, caused the prices of LDO, AAVE, UNI and FXS to fall.

This whale spent more than $73 million buying ETH and Ethereum-based altcoins after the SEC approved 19b-4 filings on Ethereum ETFs at the end of May.

In the last 24 hours, LDO price has decreased by 2.4% and is trading at $1.68. AAVE price decreased by 6% and is traded at $81.5.