Whale Who Purchased ETH at Peak Possibly Sold 2,924 ETH 5 Hours Ago, Expected Loss of $4.46 Million

According to on-chain analyst Ai Yi, a whale who had previously purchased at the peak possibly sold 2,924 ETH (approximately $5.24 million) 5 hours ago, which would result in a loss of $4.46 million if sold. The address, which accumulated ETH from April 2 to April 13, 2024, only withdrew from Renzo six hours ago to deposit into CEX. The purchase price was $3,322, and the deposit price is $1,794. Over the course of a year, ETH has depreciated nearly 46%.