Wallet sells 1,862.3 ETH after five months, taking a $1.42 million loss

Wallet sells 1,862.3 ETH after five months, taking a $1.42 million loss

N
News Editor
2026-07-22 01:18:19
Lookonchain said a wallet sold 1,862.3 ETH after holding the position for five months. The sale was executed at $1,923 per ETH, for a total value of about $3.58 million. Based on the tracked transactions, the wallet realized a loss of $1.42 million, or 28%. Lookonchain also said the same address had bought 1,862.3 ETH in January at $2,685, during a period when ETH was falling. The transaction reflects a full exit of the position that had been opened earlier this year at a higher entry price.
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According to Lookonchain, a wallet sold 1,862.3 ETH after holding the position for five months.

The sale was made at $1,923 per ETH, with a total value of $3.58 million. Lookonchain said the wallet took a $1.42 million loss, equal to 28%.

The same address had bought 1,862.3 ETH in January at $2,685, when ETH was declining.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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