The whale who built a position of 5.24 million USD of ETH at the high point was suspected to have "cut his losses" 5 hours ago, and the sale will result in a loss of 4.46 million USD

Odaily News According to Ai Yi, an on-chain analyst, the whale who had opened a position at a high point sold 2,924 ETH (about 5.24 million USD) 5 hours ago. If it is sold, it will lose 4.46 million USD. The ETH opened by this address from April 2 to April 13, 2024 was not withdrawn from Renzo and deposited into Binance until six hours ago. The opening price was 3,322 USD and the deposit price was 1,794 USD. In one year, ETH has depreciated by nearly 46%.