Whales Transfer Significant Ethereum Holdings to Exchanges

According to Odaily, on-chain analyst Ai Yi has reported that in the past four hours, two major Ethereum holders have transferred a total of 5,800 ETH to exchanges, valued at $15.73 million. The address 0xc8D...Be2CD sold 3,100 ETH, which were acquired in April 2023 at an average price of $1,890. If sold, this would result in a profit of $2.546 million. Meanwhile, the address 0x41A...F7277 sold 2,700 ETH, which were withdrawn from exchanges eight months ago at a peak price of $3,499, potentially incurring a loss of $1.655 million if sold.