A Whale Sells 7,323 ETH at a Loss of Over $19 Million After Holding ETH for Over 3 Years

BlockBeats News, August 8th. According to LookIntoChain, a whale with the address starting with 0x7C5a has chosen to stop-loss and exit after holding ETH for over 3 years. The cumulative loss has now exceeded $19 million.

On-chain data shows that the whale had bought ETH in February 2022 and March 2023 at an average price of $2723 and subsequently staked the assets. 10 hours ago, the address sold 7323 ETH, worth around $13.96 million.