Whale Reduces Ethereum Holdings Amid Market Fluctuations

According to TechFlow, on December 8, a significant Ethereum holder, known as '1011 Insider Whale,' has recently reduced its long position in Ethereum. The whale decreased its holdings by 4,513 ETH, while still maintaining a position of 50,001 ETH. The current unrealized profit from this position stands at $3.4 million. This move was monitored by the on-chain analysis platform Lookonchain.