Altcoins News

Story: Ethereum Whale Sells 7,323 ETH, Incurring $19 Million Loss After Three Years of Staking

By Pankaj K

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152 Million in ETH Traded on the Same Day. While 0x7C5a was selling, two other whales were doing exactly the opposite.

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Technical Signals and ETFs: What Traders Are Watching. On the technical analysis side, traders are closely following the TD Sequential indicators…

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On August 8, 2026, a crypto address known as 0x7C5a liquidated 7,323 ETH for $13.96 million. The net result: a staggering $19 million loss.

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The story of this whale began in February 2022 and March 2023. During these two periods, it had accumulated its ETH at an average price of $2,723 per unit.

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The first withdrew 30,000 ETH directly from Coinbase Prime. The second received 50,000 ETH from a wallet linked to Fidelity.

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The whale sentiment index maintained a score above 50 for six consecutive days before these movements.

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On the technical analysis side, traders are closely following the TD Sequential indicators identified by Ali Charts. Two specific signals are in focus: the black 9 and the S13.

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The circulating technical target: $3,000. The immediate resistance to watch: around $2,000. ETH is currently trading around $1,918, within a range between $1,800 and $2,000.

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See also: Ethereums EIP-8363 Puts 41.5 Million Staked ETH and DeFi Stability at Risk

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Related topic: Ethereum's EIP-8363 Proposal Threatens the Stability of 41.5 Million ETH Staked and DeFi

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And on the institutional side, the numbers are quite clear. Ethereum ETFs recorded $255.6 million in net inflows at the beginning of August. It's significant.

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Ethereum's volatility is also at a historically low level right now, which could mean two things: either the market is truly stabilizing, or it is accumulating energy before a…

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Another debate is animating the Ethereum developer community in parallel: the issue of deflationary issuance.

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For 0x7C5a, the timing was wrong from the start. Buying at an average of $2,723, staking, getting stuck while the price falls below $1,918, then selling at a loss for $13.

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See also: Ethena Whales Load Up Near $0.10 but Retail Buyers Wont Follow

The Currency Analytics

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