A major Ethereum holder has reduced their position amid a market downturn, selling 4,000 ETH at an average price of $2,077.39, totaling $8.309 million. This sale, executed an hour ago, yielded a profit of $7,760, as the initial purchase price a week ago was $2,075.45 per ETH. The wallet, identified as 0xAb59403c721Eaa64a850474e63919573c0F0b767, still holds 3,008 ETH.