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Ethereum Holder Transfers 3.128K ETH Amid $3.87M Unrealized Loss

Guavy AI Editorial Team
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A significant Ethereum holder has made a substantial transfer to Coinbase after experiencing an unrealized loss of over $3.87 million.

The wallet, identified as '0xd5d1', transferred its entire holding of 3,128 ETH to the exchange on Wednesday, approximately six months after purchasing the assets.

At the time of transfer, the Ethereum price had dropped 48.1% over the past year, reaching a value of $1,916 per coin.

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