A whale wallet deposited 2,468 ETH to a CEX (centralized exchange) after five months of inactivity and completed a sale on July 1. According to BlockBeats On-chain Detection, the transfer was made to a CEX and the ETH was sold after the deposit.
The wallet originally acquired the same 2,468 ETH at a cost of about $8.21 million. The sale resulted in a cumulative loss of roughly $4.33 million.
Whale Sells 2,468 ETH After Five-Month Inactivity, Realizing Loss
2026-07-01 00:13:40
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