{"content":"ETH has finally slipped back to $2,263 — but who's behind the sell-off? Over the past 7 hours, three major wallets have dumped a total of 5,657 $ETH on-chain, worth approximately $13.4 million. The twist? All of them sold at a loss, realizing a combined loss of $1.93 million. Here’s what went down: 🔻 1. Giant Whale — 0xb1c705c34A858e91c13Dc7f5B8c3F5c32bca108C After holding for six months, this whale finally exited — selling 1,440 ETH for $3.45 million at $2,392 per ETH. His original cost? A steep $3,359.30, resulting in a painful $1.39 million loss. 🔻 2. Whale — 0x4F12b217Aa59E6D3e1f91ca2dC96f9543576618B In a rough short-term play, this wallet bought 2,716 ETH at $2,422.89 just 13 hours ago, only to sell them 6 hours later at $2,301, netting $6.25 million — but taking a $330K loss within just 10 hours. 🔻 3. 2018 Band Whale — 0xF8951F65484e78C8f7C3ECD43800FF038378AEfe A long-term player who bought 1,501 #ETH on June 19 at $2,529.95, but ended up selling them 9 hours ago at an average of $2,392.75, locking in a $206K loss. Conclusion: This wasn’t a wave of profit-taking — it was a capitulation sell-off. Big names, deep in the red, are cutting losses. Fear is in the air — but for some, it may just be an opportunity in disguise.","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/22/546f32a24ece4002b02117f65a15a6ba.jpg","https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/22/1470f12627f94c65ab0db57d2542b3da.jpg","https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/22/c321d6d86cd54884af014f8addd06f76.jpg"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}