A whale that accumulated 12,000 ETH in January has started to sell off, turning their position from a $47.5 million unrealized gain to a $57.3 million unrealized loss.

2 hours ago

February 7th: Per LookOnChain data, whale address 0x3952—which accumulated 12,000 ETH in January—has shifted from profitable to loss-making and begun selling ETH to limit losses. Approximately 30 minutes ago, the whale deposited 24,452 ETH ($50.05M) into Binance, leaving 56,528 ETH ($115.3M) remaining. Its unrealized P&L has flipped from +$75M to -$57.3M.

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