12.47 million USD ETH deposited into exchange, 58bro.eth conducted three batches of operations in the past 11 hours; if assets are sold, they will shrink by 8.82%

Odaily Planet Daily News: According to on-chain analyst Ai Auntie, trader 58bro.eth (0xc24...E8d2) is suspected of cutting losses on 6,914.08 ETH, with an estimated loss of $1.207 million. Within the past 11 hours, they deposited three batches of ETH worth $12.47 million into exchanges; if sold, their assets would shrink by 8.82%, leaving the remaining portion still with a floating loss of $522,000.