A prominent Ethereum holder, address 0x86E, transferred 8,491 ETH to Galaxy Digital on January 30, valuing the stake at approximately $23.31 million, ending a three-month inactivity. The same wallet originally acquired these ETH from OKX at an average price of $3,823 per ETH, for a total value of about $32.46 million.

The transfer resulted in an unrealized loss of roughly $9.15 million for the address. The figures reflect the cost basis from OKX.

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