Address Sold 3313 ETH 15 Minutes Ago, Profit Shrinks Significantly

Panic Sell-Off Sparks Market Attention

On February 23, according to on-chain analysts, an address that had held ETH for over two years sold 3313 ETH in a large-scale transaction 15 minutes prior, significantly reducing its profit to $338,000. Earlier in August of last year, the address had unrealized gains of over $19.96 million but did not reduce its holdings at that time.

Detailed Holding and Sell-Off Analysis

Between September 2023 and February 2024, this address acquired 6569.27 ETH at an average price of $1,792.1, totaling $11.77 million. Most of the ETH has since been staked, and the remaining half of the position is now near the cost basis.