Whale loses $2.04 million in three months: Over 2000 ETH flows back to exchanges

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【Chain News】Interesting on-chain movements. A large address, after three months of silence, suddenly dumped 2,015 ETH into the HTX exchange, which is roughly $6.67 million at current prices. But the story behind this money isn’t that simple—these ETH were withdrawn from this address three months ago at a price of about $8.73 million, so transferring them back to the exchange now results in an unrealized loss of around $2.04 million.

From the address activity, this looks more like a forced stop-loss or capital reallocation. Whether it was a failed attempt to hold through the bear market or some other fund arrangement, it’s hard to say for now. However, analyzing the deposit and withdrawal patterns of such large addresses can indeed reveal some clues about market sentiment—after all, players of this scale don’t act casually.

ETH6,06%
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quietly_stakingvip
· 3h ago
2.04 million dollars just lost like that, even whales have to suffer a loss.
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AlwaysQuestioningvip
· 3h ago
A loss of 2.04 million dollars? Man, that must be really tough. It feels like market sentiment is definitely changing.
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DegenWhisperervip
· 3h ago
Damn, $2.04 million just gone like that? How tough must this guy be feeling... --- When big players cut losses, should retail investors follow suit? I don't think so. --- Three months ago, $8.88 million was out, now $6.67 million is being dumped back in... This is the cost of bottom fishing. --- Is it forced to stop loss or actively adjusting positions? Judging by this move, he’s probably really pushed. --- Just for fun, even whales have their crashes. This time, they really didn’t cover properly. --- HTX deposit increases—are they trying to dump or is there another plan? Expert, what do you think? --- Over $2 million in unrealized losses, ordinary people just grit their teeth and get through it. Big players must be in a rush with such moves. --- Stopping loss isn’t wrong, but the question is how to judge the bottom... This guy clearly misjudged. --- On-chain data poker face, can't tell the real thoughts, but a $2 million loss definitely sucks.
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DefiOldTrickstervip
· 3h ago
Haha, another old timer beaten down by the bear market. Over 2 million dollars just gone like that. Back in my youth, I would have jumped off a building. Now? Hehe, I'm used to it. I've seen plenty of stop-loss dumpings like this — the problem isn't ETH, it's in the head.
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TokenRationEatervip
· 3h ago
Whale directly pays 2.04 million dollars in compensation. Isn't this because they can't afford to lose, but rather being forced?
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