COINOTAG News on September 2, citing Ashes Monitor, reported that a prominent ETH whale triggered an early-morning stop-loss amid an Ethereum price decline, executing a sale of 41,900 ETH (approximately $177 million).
Sources confirm that this event follows a series of stop-loss executions across a nine-day window, producing a cumulative realized shortfall of about $31 million; risk-management metrics indicate significant drawdown for the account.
The whale currently retains a long exposure of 36,500 ETH with a stated liquidation price near $4,099, underscoring concentrated position risk and the role of disciplined stop-loss planning for leveraged crypto positions.