An Ethereum whale, identified by address 0xead…E9D55, sold 23,924 ETH worth $45.18 million at an average price of $1,888.71 over the past 10 hours. The funds originated from two sources: 19,000 ETH received two years ago, originally accumulated in 2017 at a cost of $357, and 7,038 ETH withdrawn from exchanges between December 2023 and April 2024 at $2,709.43. Following the sale, the whale deposited $15.998 million USDC as margin on Hyperliquid, placing limit long orders on BTC, ETH, and HYPE, indicating a strategy to buy at lower prices. Currently, the whale holds positions valued at $56.18 million, mostly in long positions, with an unrealized loss of $6.462 million.