According to cryptocurrency on-chain data, a huge cryptocurrency whale was forced to sell an altcoin from which he had previously made a large profit, at a loss, due to the recent developments in the market. The whale in question had previously made a profit of $2.34 million in four different Uniswap (UNI) trades over the last nine months, and on his fifth trade, he was forced to close his trade with a loss of $569,000 due to a stop-loss order just hours ago. The whale wallet bought 300,000 UNI tokens about a week ago at an average price of $16.97. At its peak, it made a profit of $603,000 on this position. However, the price started to fall immediately afterwards and eventually the whale sold at $15.07, making a total loss of 11.2%. Currently, the whale wallet’s net profit from five different transactions is measured at $1.77 million.
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