Chain-monitoring firm Lookonchain reported that whale address 0x7C5a, after holding Ethereum (ETH) for over 3 years, sold 7,323 ETH (worth approximately $13.96 million) at a loss 10 hours ago. The whale had purchased ETH at an average price of $2,723 in February 2022 and March 2023, then staked it. Its total losses from these transactions now exceed $19 million.