PANews reported on February 23 that, according to @ai_9684xtpa, an address that has held Ethereum for more than two years panic-sold 3,313 ETH 15 minutes ago, leaving it with a profit of only $338,000.

This address purchased 6,569.27 ETH (total value of $11.77 million) at an average price of $1,792.1 between September 2023 and February 2024. In August of last year, the overall position had a floating profit of $19.96 million, but the address failed to reduce its holdings in time. Currently, the address has half of its holdings remaining, struggling near its cost basis.