According to ChainCatcher, as monitored by on-chain analyst The Data Nerd, approximately four hours ago, an address (0xbfa) transferred 3,732 ETH to Coinbase exchange, valued at around $6.82 million.
The address previously held 15,700 ETH with an average purchase price of $2,313, and if sold at the current price, would face an accounting loss of about $1.81 million.