A whale holding 23,800 ETH has awakened after three years of slumber, depositing 7,323 ETH into Kraken, and would incur a loss of $5.977 million if sold

According to on-chain analyst Ai Yi's monitoring, a certain whale withdrew 23,834.17 ETH at an average price of $2,723.2 between February 15 and March 21, 2022, worth $64.9 million, and subsequently staked it to Rocket Pool.

This whale awakened 10 hours ago after three years of dormancy and deposited 7,323 ETH to Kraken, worth $13.96 million; if sold, it would incur a loss of $5.977 million. Its assets have shrunk by 30% compared to the initial investment.