Whale Deposits 8,329 ETH to Galaxy Digital, Faces $19.69M Unrealized Loss

A large ETH holder deposited 8,329 ETH to Galaxy Digital on February 4 after holding the tokens for four months, on-chain data show. The position shows an unrealized loss of $19.69M with a current market value of $18.59M. The whale had originally withdrawn 11,860 ETH worth $46.26M from OKX and still holds 3,530 ETH valued at about $8M.