Odaily reported that, according to monitoring by on-chain analyst Ai Yi, the address 0x157…eF5da sold 3,000 ETH around 10 hours ago. The sale was executed at a price of $1,658.68 per ETH, putting the total value of the transaction at approximately $4.98 million.
The ETH associated with this address can be traced back to three years ago, based on the information disclosed in the on-chain monitoring update. This indicates that the assets were not newly accumulated in the address before the sale, but had remained part of the wallet’s historical holdings for an extended period.
Before the sale, the address had spent most of the time using the ETH in DeFi protocols such as Aave to earn yield. Aave is one of the DeFi protocols mentioned in the monitoring note, and the disclosed information states that the wallet had previously placed assets in such protocols for income generation. The current update only identifies the sale of the 3,000 ETH and does not provide additional details on the subsequent movement of funds.