PANews reported on April 3 that, according to Onchain Lens monitoring, a whale sold 1,323 ETH at a price of $2,041 after holding the tokens for two months, receiving 2.7 million USDC in return, resulting in a loss of $1.28 million.

The whale initially withdrew 1,327.48 ETH from Binance for $3.99 million and currently still holds 5.76 ETH ($11,800).