ETH Whale Suspected Stop-Loss Exit, Potential Loss on Sell-off: $2.785 million

BlockBeats News, July 7th, according to ai_9684xtpa monitoring, the address 0x907…CC0a9 deposited 1988 ETH into Bybit 4 hours ago, worth approximately $3.53 million. This address had opened a long position of 6000 ETH on January 20th this year at an average price of $3178.78. If the entire position is sold after this deposit, the loss would be about $2.785 million. Based on the current deposit price of around $1777.49, the position has shrunk by approximately 44% over the course of more than 5 months.