A large ETH holder is suspected of selling 8,450 ETH in the past three weeks, making a profit of $7.145 million

According to on-chain analyst Ai Yi, a large investor (0x409), who built a position of 9,705.4 ETH at an average price of $3,648.7 over the past five years, has apparently sold 8,450 ETH in the past three weeks, valued at approximately $37.98 million. A full sale would have netted a profit of $7.145 million. This address deposited another 1,000 ETH to Kraken three hours ago, leaving it with only 507 ETH.