58bro.eth Deposits $12.47M in ETH to Exchanges in Three Batches Over 11 Hours; Selling Would Cut Assets by 8.82%

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

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