Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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A suspected large investor built an ETH position two weeks ago and then sold 2,250 coins, resulting in a loss of $607,000.
2025-09-23 01:44

According to Odaily Planet Daily, crypto analyst Ai Yi @ai_9684 xtpa has monitored the large-scale address 0xB04...D6ECB, which withdrew 6,915 ETH (approximately $30.63 million) from exchanges between September 10th and 13th, with an average entry price of approximately $4,430. Seven hours ago, the address deposited 2,250 ETH (approximately $9.36 million) into Bybit, resulting in a loss of approximately $607,000 if sold. The address had previously sold 3,000 ETH on-chain at $4,385 yesterday. Currently, the address holds 7,554.7 WETH.