On-chain analyst Ai Yi said a partially identified ETH address, shown as 0x7eE...76066, has apparently disposed of about $12.41 million in holdings over roughly two weeks.
Recent OKX transfer
The address held 5,160 ETH at an average withdrawal cost of $2,433. Its latest reported deposit, about one hour before the flash, sent 2,252 ETH worth approximately $5.29 million to OKX. Ai Yi estimated a loss of about $148,000 if the position were fully sold.
An exchange deposit does not by itself confirm an executed sale, the sale price or a realized loss. The address is truncated in the source, which also does not provide transaction hashes. Read the English BlockBeats flash (original Chinese: BlockBeats flash).