Ethereum Whale Transfers 1,988 ETH to Bybit on July 7, Facing $2.785M Loss if Sold

ETH0.14%
According to BlockBeats, citing ai_9684xtpa monitoring, a whale address transferred 1,988 ETH worth approximately $3.53 million to Bybit 4 hours ago on July 7. The address accumulated 6,000 ETH on January 20 at an average price of $3,178.78. At the current price of approximately $1,777.49 per ETH, if the whale sells all holdings, it would realize a loss of around $2.785 million, with total losses on the original position reaching approximately 44% over five months.
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