A certain ETH whale cleared 6401 ETH and incurred a loss of 1.974 million US dollars

Odaily Planet Daily News: According to on chain analyst @ ai_9684xtpa monitoring, a certain whale address cleared its position of 6401 ETH (approximately $12.23 million) purchased in December 2023 three hours ago, resulting in a loss of $1.974 million. The cost of building a warehouse for this giant whale was $2219, with a selling price of $1910, and its assets shrank by 14% within 15 months. Although gains were made through pledging ETH in multiple LRTs (liquidity re staking agreements) during this period, it still cannot cover this loss.