A certain whale address reportedly dumped 1,605 ETH after holding for nearly a year, taking a $480,000 loss.

BlockBeats News, June 16, according to on-chain analyst Ai Yi (@ai_9684xtpa), a certain whale address, after holding its ETH positions for nearly a year, reportedly liquidated 1,605 ETH (approximately $4.03 million) about 5 hours ago. If sold, the whale would incur a loss of $480,000.

It is reported that this portion of ETH was withdrawn from OKX and Kanga Exchange between June 2024 and February 2025 at an average price of $2,814.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