A separate ETH whale tracked by on-chain analyst Ai Yi has moved 1,988 ETH worth $3.53 million to Bybit after buying 6,000 ETH at $3,178.78 on January 20, pointing to a potential $2.785 million loss if the transfer was sold at a deposit price of $1,777.49. The position was down 44% over five months. This update adds another example of large-holder selling pressure alongside earlier wallet activity in which a different address accumulated 22,567 ETH between November 2025 and July 2026 and later sent 8,947 ETH to FalconX, with 7,347 ETH potentially sold at a $4.041 million loss.