Transaction Summary
Published 7/1/2026, 7:35:24 AM
The whale identified by the wallet address 0xF3cd sold 2,468 ETH at a $4.33 million loss on July 1, 2026, after holding the position for over five months [Source: https://phemex.com/news/article/whale-sells-2468-eth-at-a-433m-loss-after-5month-hold-91370]. The transaction involved depositing the entire balance into the Binance exchange to exit the position during a period of significant market decline [Source: https://x.com/OnchainLens/status/2072109181088436424].
Transaction Summary
The whale originally acquired the ETH at an average price of $3,327 per token, representing a total investment of approximately $8.21 million. The subsequent sale at $1,572 per token resulted in a recovery of only $3.88 million [Source: https://x.com/lookonchain/status/2072147533082829267].
| Metric | Details |
|---|---|
| Whale Address | 0xF3cd... |
| Amount Sold | 2,468 ETH |
| Purchase Price | ~$3,327 / ETH ($8.21M total) |
| Sale Price | ~$1,572 / ETH ($3.88M total) |
| Total Realized Loss | $4.33 Million |
| Holding Period | > 5 Months |
| Exit Platform | Binance |
Market Context
The sale was flagged by on-chain analytics platforms as a notable instance of "capitulation" by a dormant whale [Source: https://x.com/OnchainLens/status/2072109181088436424]. The whale's exit occurred after Ethereum's price dropped more than 50% from their initial entry point five months prior [Source: https://en.coinotag.com/bitmine-ethereum-holdings-5-7-million-eth-nears-supply-goal].
The transaction was executed at approximately 12:06 AM UTC on July 1, 2026 [Source: https://en.coinotag.com/bitmine-ethereum-holdings-5-7-million-eth-nears-supply-goal]. This move effectively ended a five-month period of inactivity for the wallet, during which the value of the holdings steadily declined [Source: https://x.com/lookonchain/status/2072147533082829267].