A whale address is suspected to have liquidated 1,605 ETH after holding the currency for nearly a year, with a loss of $480,000

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On June 16, according to on-chain analyst Ai Yi (@ai_9684xtpa)'s monitoring, a whale address seemingly liquidated 1,605 ETH (approximately $4.03 million) after holding the position for nearly a year, which would result in a loss of $480,000 if sold.

It is reported that this portion of ETH was withdrawn from OKX and Kanga Exchange at an average price of $2,814 between June 2024 and February 2025, with the current deposit price being $2,515, representing a 10% decline during this period.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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