A dormant whale address liquidated $8.18 million worth of Bitcoin and Ethereum during a morning price dip on Nov 3. The wallet, identified as 0x3d1…f66bC, redeemed assets from Compound before executing the sell-off.
The address dumped 1,470 ETH valued at approximately $3.31 million alongside 63.46 WBTC and cbBTC totaling around $4.87 million. On-chain monitoring revealed the wallet had remained inactive for 22 days prior to this transaction.
Whale Dumps $8.18M in BTC and ETH During Morning Price Drop
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