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Whale Hoarding 22,567 ETH Suspected of Cutting Losses on 7,347 ETH, Incurring a Loss of $4.041 Million

2026-07-07 01:56

Odaily Planet Daily reports that, according to monitoring by on-chain analyst Ai Yi, a certain whale who accumulated 22,567 ETH between November 2025 and July 2026 is suspected of cutting losses on 7,347 ETH, resulting in a loss of $4.041 million. The address established a position of 5,277 million USDT in ETH at an average price of $2,338. Since this April, the whale has been depositing 8,947 ETH to FalconX, with the latest transfer occurring 7 hours ago. If sold, the cumulative loss would amount to $4.196 million.