A whale that accumulated 12,000 ETH in January started to unload its position, turning its $47.5 million unrealized gain into a $57.3 million unrealized loss.

BlockBeats News, February 7th, according to LookIntoChain monitoring, the whale 0x3952 who added 12,000 ETH in January has switched from profit to loss and started selling ETH to reduce losses. About 30 minutes ago, he deposited 24,452 ETH (50.05 million US dollars) to Binance, leaving 56,528 ETH (115.3 million US dollars) remaining.

Prior information shows that since June 22, 2025, the whale has withdrawn a total of 116,000 ETH from Binance, with a withdrawal average price of $3138, and later sold some ETH at a high price. As of January, he still holds 80,979 ETH, with a total unrealized profit of 47.5 million US dollars.

This ETH's major drop caused his unrealized profit and loss from +47.5 million US dollars to -57.3 million US dollars.