The post Ethereum (ETH) Whale Withdraws $70.6M Across 21,850 ETH, Realized Loss Reaches $6.25M appeared on BitcoinEthereumNews.com. According to on-chain analystThe post Ethereum (ETH) Whale Withdraws $70.6M Across 21,850 ETH, Realized Loss Reaches $6.25M appeared on BitcoinEthereumNews.com. According to on-chain analyst

Ethereum (ETH) Whale Withdraws $70.6M Across 21,850 ETH, Realized Loss Reaches $6.25M

According to on-chain analyst Ai Auntie, a prominent ETH whale withdrew 21,850.15 ETH from a trading venue between December 5 and December 15, averaging roughly $3,231 per ETH. The activity leaves the holder with a realized loss near $6.25 million, and the latest movement of 2,000 ETH came about six hours earlier, underscoring ongoing repositioning within the market.

Across five wallets, one address is deployed in a leveraged long setup, staking 18,706.9 ETH to collateralize a USDT loan of about $31.34 million, resulting in a health factor of 1.41. This configuration illustrates how cross-asset collateral is used in contemporary crypto strategies and risk management.

While large withdrawals can influence near-term liquidity on exchanges, the diversified wallet spread and the collateralized position point to measured risk rather than systemic disruption. Traders should monitor wallet moves and key support levels to gauge potential impact on ETH price dynamics.

Source: https://en.coinotag.com/breakingnews/ethereum-eth-whale-withdraws-70-6m-across-21850-eth-realized-loss-reaches-6-25m

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