According to on-chain analyst Ai Yi, the wallet bought Ethereum at an average $2,117.46 and sold at an average $2,056.86 after holding the position for two days.
Ethereum wallet nemorino.eth exited a swing trade (short-term price trade) worth $16.74 million at a loss of about $480,000, according to on-chain analyst Ai Yi. The analyst said the whale, a term commonly used for a large crypto holder, accumulated the position at an average entry price of $2,117.46 and later sold at an average $2,056.86. The trade was closed around eight hours before the report after roughly two days, highlighting how even large participants can realize losses during short-term volatility in the Ethereum market.