In the past two weeks, a Whale that has accumulated about 40,000 ETH at an average price of $906.5 has reportedly dumped 11,185 ETH.

On July 31, according to on-chain analyst Ai Yi (@ai_9684xtpa), smart money that started building a position in ETH since September 2020 has allegedly dumped 11,185 ETH in the past two weeks, with a cost as low as $906.5, and if sold, would profit $31.35 million. Address 0x306...6Ab84 deposited 5,000 ETH to Binance 6 hours ago, worth $19.21 million, and also initiated a redemption request for 6,383.53 ETH with Lido. This is the second large deposit to the trading platform by this address this month, the last being a deposit of 6,185 ETH, approximately $22.28 million, two weeks ago. This address accumulated a total of 39,546.52 ETH at an average price of $906.5 from September 2020 to February 2025, and currently still holds 10,513.14 ETH.