A whale sold 4,000 ETH on-chain an hour ago, expecting to make only $7,760 in profit.

CoinFeed reported on March 6th that, according to on-chain analyst @ai_9684xtpa, the market has fallen again, and a whale who bought $14.54 million worth of ETH on February 26th is reducing his holdings. One hour ago, he sold 4,000 ETH (worth $8.309 million) on-chain at an average price of $2,077.39. His initial purchase price a week prior was $2,075.45, so this sale only yielded a profit of $7,760. He currently still holds 3,008 ETH on-chain.