TechFlow reports, according to on-chain data analyst @ai_9684xtpa, a whale address starting with 0x564 has reportedly liquidated its 7-month-old position of 5,419 ETH (approximately $13.62 million), potentially realizing a profit of $970,000. The address had previously transferred ETH from Binance in batches at an average price of $2,334 in February 2024, and withdrew 5,418 staked ETH from Mantle 22 hours ago before sending them to an exchange. Although this transaction remains profitable, the realized gains have decreased by over $8.4 million compared to the peak prices seen in March.
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