An address linked to Fenbushi Capital reportedly sold 11,101 ETH, transferring $21.94 million worth of Ethereum to an Amber Group deposit address at a price of $1,977.24 per ETH. This transaction, reported by on-chain analyst Ai Yi, suggests a significant financial loss. The address initially withdrew 33,398 ETH, valued at approximately $101 million, from Binance between February and April 2024 at a higher price of $3,039.36 per ETH. The sale of these ETH at the current price would result in a loss of $11.79 million.
Fenbushi Capital-Linked Address Sells 11,101 ETH, Faces $11.79M Loss
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