TradingBeats monitored a whale beginning 0x469e closing its remaining 5,000-unit SNDK long early on Oct. 23. The exit was worth about $6.236 million, while the final round alone produced a reported loss of roughly $2.836 million.
Exit price was 31.3% below average entry
The position had an average entry price of $1,814.45 and an average exit price of $1,247.20, or about 31.3% below cost. The whale began building the SNDK long on Sept. 23 and fully exited on Oct. 23, recording cumulative trading losses of about $4.583 million, according to the monitoring cited by BlockBeats.