The "whale that bought ETH on October 11th and got trapped" has sold off all 6,028 ETH, realizing a loss of $320,000.

With ETH rebounding 6% since last night, a whale who bought ETH at the bottom after the October 11th crash and was subsequently trapped has finally nearly broken even. Three hours ago, he liquidated his position, selling 6028 ETH for 22.26 million USDC, incurring a loss of $320,000. On October 11th, the day of the crash, he spent 22.58 million USDC to buy 6028 ETH at $3638, but ETH continued to fall, causing him to be trapped. Today, after the rebound, he nearly broke even, liquidating his position at $3587.