A whale transferred 3,246 ETH accumulated over nearly four months to a CEX, incurring a paper loss of approximately $3.32 million.

CoinFeed reported on March 30th that, according to Onchain Lens monitoring, an Ethereum whale ended its months-long hoarding spree, withdrawing a total of 3,246 ETH from Kraken over the past four months. Today, it transferred these 3,246 ETH (currently worth approximately $6.47 million) to three different wallets, and then to HitBTC, likely for sale. The whale is currently experiencing a paper loss of approximately $3.32 million.