HomeAltcoinsBig whale sold all his digital coins for less money because of...

Big whale sold all his digital coins for less money because of stop loss.

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A really big whale with the short cryptocurrency address 0x448 sold all 213,695 Lybra Finance (LBR) tokens.

The trader made a quick sale and got 86. 45 ETH, worth about 201 thousand dollars. It only took six minutes and there were four different transactions. The average cost of the tokens sold was $0. 939 The price of LBR is $0. 9228 right now

Whale wallet bought LBR tokens on November 19 and December 27, 2023, spending 125 ETH in total. Each token cost $1,215 on average at that time.

The trader lost money because of the recent drop in prices. He lost 28. 2% on his last trades and ended up losing 38. 5 ETH, which is worth about $85. 3 thousand, in just two months.

The big sale happened because LBR’s price dropped 12% in the last day due to the whole market crashing. The value of LBR dropped a lot, so the trader’s “stop loss” function may have been used to sell all their LBR to prevent more losses.

Currently, the whale doesn’t have the LBR token anymore.

Warning: This is not a suggestion on what to invest in.

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