An ETH whale deposited 1,988 ETH to Bybit; if sold, it would incur a loss of approximately $2.785 million

TechFlow news, July 7, according to Ai Yi monitoring, address 0x907…CC0a9 deposited 1,988 ETH to Bybit about 4 hours ago, valued at approximately $3.53 million at the time. If this batch of ETH is sold, it is estimated to realize a loss of approximately $2.785 million.

On-chain data shows that this address previously established a position of 6,000 ETH at a price of $3,178.78 on January 20, while the price corresponding to this deposit is approximately $1,777.49. Based on this calculation, the value of its holdings has shrunk by approximately 44% over the 5-month period.