Data: An address with a position for two years deposited 8,920 ETH to Binance, and if sold, will incur a loss of 2.12 million USD

According to on-chain analyst @ai_9684xtpa, a certain address (0x29F…335EF) has deposited 8,920 ETH to Binance in the past hour, worth approximately 24.85 million USD.

These ETH were withdrawn from the exchange at an average price of 3,024 USD between March 2024 and February 2025, and selling them now would result in a loss of 2.12 million USD. After the deposit, the address has only 0.04238 ETH left.