A certain long-term HODLer entity deposited 7653 ETH into an exchange, experiencing a drawdown of nearly 69% from the peak profit.
BlockBeats News, December 18, according to on-chain analyst AI Auntie (@ai_9684xtpa), three addresses suspected to belong to the same whale/entity have redeemed assets from Lido/Eigenlayer in the past 4 hours and swapped them for ETH. Subsequently, they transferred 7653 ETH to the same an exchange deposit address, worth $21.62 million.
These ETH were accumulated at an average price of $2476 during the period of 2023.05-2025.07. If sold, they would realize a profit of $2.668 million, but the profit has retraced nearly 69% from the peak value of ETH.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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