In June, a $30 million USD ETH whale suspected of profit-taking reduced their position, transferring over 10,000 ETH to FalconX for a realized gain of $2.47 million USD.

August 15th, according to Ai Whale Alert, a whale who accumulated around $30.05 million worth of ETH in June this year is reportedly reducing their position. The address deposited 7,981 ETH to FalconX 3 hours ago, worth around $14.99 million. Since July, the address has deposited a total of 10,735.8 ETH to FalconX, worth approximately $20.04 million.

Based on an average cost of around $1,637, if all the recently deposited ETH is sold, an estimated profit of around $2.47 million can be realized, with the current deposit price at around $1,867.

Currently, the wallet still holds around 7,625 ETH, worth about $14.20 million, with an unrealized profit of around $1.86 million.