Data: A certain ETH whale sold 23,924 ETH and placed limit buy orders for BTC, ETH, and HYPE

According to on-chain analysts, the address 0xead…E9D55 has sold 23,924 ETH at an average price of $1,888.71 over the past 10 hours, totaling approximately $45.18 million.

The funding sources for this address are divided into two parts: 19,000 ETH accumulated in 2017 (costing about $357) and 7,038 ETH withdrawn from exchanges between December 2023 and April 2024 (costing about $2,709.43).

After reducing its position, the address deposited 15,998,000 USDC as margin into Hyperliquid and placed limit buy orders for BTC, ETH, and HYPE on the platform. Currently, the address holds a position of approximately $56.18 million, primarily in long positions, with an unrealized loss of about $6.462 million.