According to @lookonchain, whale address 0x12d0 sold 4,708 ETH for about $18.8M after a two-month hold, realizing a $2.67M loss; source: @lookonchain post dated 2025-10-24 and Arkham Intelligence explorer intel.arkm.com/explorer/address/0x12d0D806f57Ce7DdDFf03e17Aa2318ACB0B5F5e8. Based on those reported figures, the sale implies an average exit price near $3,992 per ETH and an estimated cost basis around $4,559 per ETH, which traders can verify against the referenced on-chain record; source: @lookonchain and Arkham Intelligence intel.arkm.com/explorer/address/0x12d0D806f57Ce7DdDFf03e17Aa2318ACB0B5F5e8.