According to the on-chain data tracking platform Lookonchain, a movement suspected to be a large-scale stop-loss was recently captured as the price of Ethereum (ETH) dropped to $1,960. An anonymous 'whale (large investor)' wallet address (starting with 0xc1b6) deposited 5,000 ETH (approximately $9.8 million) into the cryptocurrency exchange Kraken. According to the retrieved data, this whale purchased 5,003 ETH ($10 million) at a price of $1,999 about two months ago. It is analyzed that disposing of this volume at the current market price would confirm a loss of approximately $200,000.