According to COINOTAG News on August 28, on-chain analyst Ai Auntie (Twitter: @ai_9684xtpa) identified that a specific ETH whale address reduced its position by 4,000 ETH this morning, a transfer valued at roughly $17.8 million.

Public on-chain records indicate the address had accumulated 10,807 ETH since August at an average entry price of $4,333 per ETH (approximately $46.83 million cost basis); the disposition realized a reported profit of about $476,000, and the wallet retains 7,732 ETH.

This verified movement, surfaced via on-chain data, highlights ongoing ETH whale activity and liquidity flows; market participants and institutional observers may use such transparent transfers for risk assessment and trading flow analysis without inferring market direction.