On-chain data shows that a massive whale deposited 6,595.2 ETH into Coinbase, worth approximately $17.57 million. Of this amount, 6,500 ETH was withdrawn between June and August 2025 at an average price of $3,040.4; during that period, it briefly recorded an unrealized loss of over $9.557 million. After holding the position for about a year, the whale is suspected to have exited to cut losses, with an estimated loss of $2.443 million and a 12.3% decline in assets. #ETH