A whale that accumulated $30.05 million worth of Ether (ETH) in June appears to be trimming its position, according to monitoring data cited by ChainCatcher from Ai Yi. The wallet, identified as 0x643…CF565, transferred 7,981 ETH to FalconX about three hours before the report, with the deposit valued at $14.99 million. Since July, the same address has sent a total of 10,735.8 ETH to FalconX, worth roughly $20.04 million. Based on the tracked cost basis and deposit price, the monitored position would have generated an estimated profit of $2.47 million if sold. The address was reported to have built the position at an average cost of about $1,637.12 per ETH, while the transfer price was around $1,867. Even after the recent transfers, the wallet still holds 7,625 ETH and remains on an unrealized profit of about $1.86 million. The activity has been flagged as a possible sign of position reduction rather than a confirmed sale.
A whale that built a $30.05 million Ether position in June appears to be reducing its holdings, according to Ai Yi monitoring data cited by ChainCatcher.
The wallet address 0x643…CF565 transferred 7,981 ETH to FalconX about three hours before the report. The transfer was valued at $14.99 million.
Since July, the address has deposited a total of 10,735.8 ETH into FalconX, worth about $20.04 million. If those tokens were sold, the estimated profit would be $2.47 million. The tracked cost basis was about $1,637.12 per ETH, while the deposit price was $1,867.
The wallet still holds 7,625 ETH, with an unrealized profit of about $1.86 million.
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