A certain whale took advantage of the market downturn to sell off $8.18 million in BTC and ETH, re-emerging after 22 days of inactivity.

BlockBeats news, November 3rd - According to monitoring by Aunt Ai, during the market downturn this morning, the on-chain address 0x3d1…f66bC redeemed assets from Compound and subsequently sold 1,470 ETH (approximately $3.31 million), as well as 63.46 WBTC and cbBTC (totaling approximately $4.868 million), cashing out a total of about $8.18 million.

This address had previously had no on-chain activity for 22 consecutive days, and this concentrated sale of assets coincided with the decline of BTC and ETH.