COINOTAG News (Aug 23) and on-chain monitoring by LookIntoChain identify a crypto whale (address begins 0x8062) that executed a distribution of 2,277 ETH at an average sale price near $4,203, yielding approximately $9.57 million, and later repurchased 1,966 ETH at an average price of about $4,869, also totaling roughly $9.57 million.
Per the transaction-level data, the address’s net holdings declined and the position shows an estimated unrealized loss of about $188,000. These figures derive from recorded trade prices and prevailing exchange rates at execution time; no attribution of motive or speculative interpretation is made. This is on-chain reporting of Ethereum whale activity for market transparency.
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Source: https://en.coinotag.com/breakingnews/ethereum-whale-sells-2277-eth-for-9-57m-rebuys-1966-eth-in-fomo-now-188k-down/