CandleFocus Giant Whale Also Lose: Stop-Loss Activated on Altcoin Trade, Where He Previously Made Millions of Dollars in Profit, Sold at a Loss
2024-12-19
Author: Content Editor
A cryptocurrency whale recently experienced a loss when he was forced to sell an altcoin at a loss due to market developments. The whale had previously made a profit of $2.34 million in four different Uniswap trades, but on his fifth trade, he incurred a loss of $569,000 due to a stop-loss order. The whale bought 300,000 UNI tokens a week ago and initially made a profit of $603,000, but the price started to decline, leading to a loss of 11.2%. The cryptocurrency market experienced a major decline following statements from the Federal Reserve, and Bitcoin's price fell below $100,000.
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