A whale transferred 5,000 ETH held for 2 years to Binance, facing an unrealized loss of $5.63 million.

July 28th, according to Chainalysis, a whale accumulated 9891 ETH in 2024 through Binance at an average price of around $3011. After holding for 2 years, the whale chose to sell half of the position. One hour ago, the whale transferred 5000 ETH (around $9.42 million) to Binance, resulting in an unrealized loss of $5.63 million.