Crypto Whale Withdraws Significant ETH Stake Amidst Price Uncertainty

A prominent crypto whale recently executed a substantial withdrawal of 2,774 Ethereum (ETH), valued at approximately $5.27 million. This comes as the whale continues to gradually accumulate ETH, totaling over $43.9 million since February 11, 2024. However, this accumulation has left the whale with an unrealized loss of over $13 million despite holding their holdings at an average cost of $2,676 per ETH.