An address panic-sold 3,313 ETH 15 minutes ago, reducing profits to $338,000

ETH2,21%

BlockBeats News, February 23 — According to on-chain analyst Ai Yi (@ai_9684xtpa), an address holding ETH for over 2 years sold 3,313 ETH in a panic 15 minutes ago, narrowing its profit to $338,000. Last August, the overall position was once floating with a profit of over $19.96 million but was not reduced.

This address accumulated 6,569.27 ETH (worth $11.77 million) at an average price of $1,792.1 from September 2023 to February 2024. It has since been staking, and currently, half of the position remains near the cost basis.

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