TechFlow news: On February 23, according to on-chain analyst “Aunt Ai,” an address that has held ETH for over two years panicked and sold 3,313 ETH 15 minutes ago, narrowing its profit to $338,000. Back in August last year, this address’s entire position had generated a paper profit exceeding $19.96 million—but it did not reduce its position.
This address accumulated 6,569.27 ETH (worth $11.77 million) at an average price of $1,792.1 between September 2023 and February 2024, and has since kept the holdings staked. It currently retains half its original position, which remains near its cost basis.
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