TechFlow News: On February 24, on-chain analyst Ai Aunt (@ai_9684xtpa) reported that the address 0xead…E9D55 sold 23,924 ETH at an average price of $1,888.71 over the past 10 hours, totaling approximately $45.18 million.
The funds held by this address originated from two sources: 19,000 ETH accumulated in 2017 (at a cost of ~$357 each), and 7,038 ETH withdrawn from exchanges between December 2023 and April 2024 (at a cost of ~$2,709.43 each).
After reducing its ETH position, the address deposited $15.998 million in USDC as margin into Hyperliquid and placed limit buy orders for BTC, ETH, and HYPE on the platform. The address currently holds a total position value of approximately $56.18 million—predominantly long positions—with an unrealized loss of roughly $6.462 million.
