Ether Wallet's Exchange Deposit Implies an Estimated $430,000 Loss
Photo: TokenPost
An address accumulated Ether (ETH) in September at an average price of $2,667.77 per token. The address withdrew 1,417.77 ETH from Binance between Sept. 19 and Sept. 23, when the tokens were valued at about $3.78 million. The address later deposited all of its ETH to an exchange at a stated price of $2,364.18 per token. The difference from the average purchase price implies an estimated loss of about $430,000. The deposit does not confirm that a sale was completed, so the loss remains an estimate. Enna Lee reports on investing and digital-asset markets for TokenPost.
Source: TokenPost
