A whale sold approximately 16,700 ETH, incurring a trading loss of about $1.61 million

Odaily reports: According to Onchain Lens monitoring, a whale withdrew approximately 8,876 ETH from Aave and swapped 16,700 ETH for USDT via CoWSwap, ultimately receiving about $30.94 million—approximately $1.61 million less than the value of about $32.55 million at the time of the transaction. One month ago, this whale had purchased 8,631 ETH at an average price of $2,743, worth approximately $23.67 million.