A giant whale that once built a position in ETH at an average price of $3,873 has deposited 1,999 ETH into a CEX, with a total unrealized loss exceeding $5.2 million

According to market news, a large holder who averaged down from Ethereum at $4479 to $2813, and built a position of 6411.4 coins at an average price of $3873 last year, has started to cut losses: 8 hours ago, the address 0xbE3…9A42a deposited 1999 ETH (approximately $5.928 million) to a trading platform, and if sold, would incur a loss of $1.815 million (deposit price $2965.7); currently, there are still 3803 ETH remaining with an unrealized loss of $3.457 million.