$12.47M ETH Deposited to Exchange: 58bro.eth Executed in Three Batches Over the Past 11 Hours, Assets Would Shrink 8.82% If Sold

Odaily News: According to on-chain analyst Ai Yi's monitoring, trader 58bro.eth (0xc24...E8d2) appears to have capitulated on 6,914.08 ETH, with an estimated loss of $1.207 million. Over the past 11 hours, the trader deposited ETH worth $12.47 million to an exchange in three batches; if sold, the assets would shrink by 8.82%, and the remaining portion still has an unrealized loss of $522,000.