Odaily Planet Daily reports that on-chain analyst Ai Yi has detected that some large ETH holders are cutting their positions. The large ETH whale nemorino.eth (0x8AeC…0E0D) has sold all WETH holdings in the past 9 hours at an average price of $2514.85. The 7107.08 WETH originally cost $3045.24, and this sale resulted in a loss of over $3,769,000.
Additionally, a whale (0x1E2a…Ed29) who previously made $14.26 million by buying low and selling high WBTC has, in the past 6 hours, deposited a total of 3500 ETH across multiple exchanges, worth $8.42 million, with an average deposit price of $2406.
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