According to on-chain analyst Ai Yi, some large ETH holders are currently engaging in stop-loss selling. ETH swing trading whale nemorino.eth (0x8AeC...0E0D) liquidated all its WETH holdings in the past 9 hours at an average price of $2514.85. Its initial investment of 7107.08 WETH was $3045.24, resulting in a loss of over $3.769 million. Furthermore, another whale (0x1E2a...Ed29), who previously profited $14.26 million by buying low and selling high with WBTC, deposited a total of 3500 ETH, worth $8.42 million, into multiple exchanges in the past 6 hours, at an average deposit price of $2406.