A dormant ETH address from four years ago appears to be reducing its position; selling would result in a loss of over 20%
According to on-chain analyst Ai Yi, the address "0x08E…03e6b" received 1,500 ETH back in September 2021, when the price was $3,159.27. It had never transferred or sold any of it since, but just 2 hours ago it deposited 1,250 ETH ($3.14 million) to MAX Exchange. If sold, the asset would shrink by more than 20%.
