Whale sends 2,252 ETH worth $5.29M to OKX, closing position at a loss
- —Whale moved 2,252 ETH worth $5.29M to OKX an hour before the report
- —Average purchase price of the 5,160 ETH position was $2,433
- —The address likely sold $12.41M of ETH over the past two weeks
- —A full exit would realize a loss of roughly $148K
Why it matters: Large ETH deposits to exchanges add selling pressure on a price already stuck near $2,300–2,360.
Source: PANews