Whale deposits $5.92M in ETH to exchange, facing potential $1.8M loss

A whale address that purchased 6,411 ETH last year at an average price of $3,873 deposited 1,999 ETH ($5.92 million) to an exchange early today, according to on-chain analyst ai_9684xtpa. A sale at current prices would result in an estimated loss of approximately $1.815 million. The address currently holds 3,803 ETH.