A whale address purchased 2,188 ETH for $4.5 million, executing the trade despite a recent 12.5% win rate and $1.26 million in losses, according to analyst @ai_9684xtpa. This activity coincides with reports of a Matrixport-related whale turning a floating loss into a profit on a 105,000 ETH position, now valued at approximately $215 million following a market rebound.