Whale Reduces ETH Position by 3,000 in 5 Hours with $300k Loss

On February 11, data from on-chain analyst Ai Aunt revealed that a major ETH holder reduced their position by 3,000 ETH within 5 hours, incurring a $302,000 loss.

Currently, the combined long position of the whale across two addresses has dropped to 102,000 ETH, valued at approximately $202 million, with an unrealized loss of $6.23 million. This movement has attracted significant market attention.

Notably, despite recent ETH price volatility, the investor has maintained a relatively high level of holdings, indicating continued confidence in Ethereum’s long-term outlook.