A whale that bought 12,217 ETH two months ago has once again sold off 4,007 ETH at a loss.

CoinFeed reported on March 18th that, according to on-chain analyst @ai_9684xtpa, a whale who established a position of 12,217 ETH two months ago has again cut its losses. Between January 23rd and 31st, 2026, it withdrew $33.34 million worth of ETH from Binance at an average price of $2729.06. After holding the position for 10 days, it reduced its position by 3203 ETH, anticipating a loss of $2.262 million. Three hours ago, it deposited another 4007 ETH (approximately $9.38 million), which, if sold, would result in a loss of $1.552 million. The remaining 5006.7 ETH still show a floating loss of $2.048 million.