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Whale deposited 4,904 ETH ($10.3M) to Bitget at a big loss

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Token ETH

4.722K

ETH

Whale 0x8b3 just deposited the first 4,904 ETH ($10.3M) to Bitget at $2,094, after holding and staking for as long as 3 months:

 

On December 20, 2024, and February 15, 2025, the whale withdrew 7,514 ETH from Coinbase and Binance at an average price of $3,302 (estimated cost: $24.8M) and staked the tokens.

 

Now, the whale still holds 2,645.4 ETH ($5.44M) across 2 above wallets, mostly staked. The whale's estimated total loss from ETH stands at $9.19M (-37%).

 

Fig 1. The overall ETH trading history of Whale 0x8b3.

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