Dormant for 4 Years, ETH Whale Transfers 2,000 ETH to Exchange, Incurring Over $2.58 Million in Losses

Odaily Planet Daily reported that, according to Onchain Lens monitoring, an address transferred 2,000 ETH to an exchange after being dormant for four years. At the current price, this is worth approximately $6.04 million. Compared to the $8.63 million originally spent to purchase the ETH from Genesis Trading OTC, the current unrealized loss amounts to $2.58 million.