Whale Exits 1,605 ETH After Year-Long Hold—Takes $480K Loss

After nearly a year of holding, whale 0xe9797EeE7A3507234C0080F9CA5A20aE17777730 appears to have liquidated 1,605 ETH—worth about $4.03 million—just 7 hours ago.

These $ETH were originally withdrawn from OKX and Kanga Exchange between June 2024 and February 2025, at an average cost of $2,814.

Now recharged to an exchange at $2,515, the sale implies a 10% decline—and a realized loss of roughly $480,000.

Not all whale moves end in profit. Some are about cutting losses and resetting the board.