A large Ethereum holder deposited 6,595.2 ETH, worth approximately $17.57 million, to Coinbase three hours ago, signaling a potential exit at a loss. On-chain data indicates the whale faces an estimated $2.443 million loss on the position after holding for one year. The address originally withdrew 6,500 ETH from exchanges between June and August 2025 at an average price of $3,040.40. The portfolio experienced unrealized losses exceeding $9.557 million during the holding period before ultimately shrinking 12.3% from the initial entry value.