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After being dormant for two years, an address that accumulated 9.35 million USD worth of ETH is now close to breaking even after holding the position for four months

2026-07-22 10:00
Odaily Planet Daily reported, according to on-chain analyst Ai Yi's monitoring, an address withdrew 4,819 ETH from an exchange on February 8th at a price of $1,941.25, valued at $9.35 million. This was its first operation after a two-year dormancy since March 2024. Half an hour ago, the address deposited 1,200 of these ETH into Gate; if sold, it would incur a loss of $20,000. During this period, the account's floating loss once reached $1.8 million.