A large holder sold 2,468 ETH about four hours ago at an average price of $1,572, realizing a loss of $4.33 million. The sale was worth about $3.88 million. More than five months earlier, the same whale (a crypto wallet with unusually large holdings) bought 2,468 ETH at $3,327, for roughly $8.21 million. The trade highlights how prolonged price declines can turn large spot positions into steep realized losses when holders finally exit.