Data: ETH whales withdrew 21,000 ETH in ten days, using a circular long strategy with an unrealized loss of 6.24 million dollars

According to on-chain analyst Ai Yi (@ai 9684xtpa), an Ethereum whale investor has recently withdrawn a total of 21,850.15 ETH (approximately 70.6 million USD) from exchanges, with an average withdrawal price of 3,231 USD, currently facing an unrealized loss of about 6.246 million USD.

The most recent operation occurred 6 hours ago, withdrawing 2,000 ETH (approximately 5.84 million USD). The investor has distributed the ETH across 5 wallets, with wallet address 0xce9…57c69 in a loop-long position, having staked 18,706.9 ETH to borrow 31.34 million USDT, with a health score of 1.41.