Ether Wallet's Exchange Deposit Implies an Estimated $430,000 Loss

An address accumulated Ether (ETH) in September at an average price of $2,667.77 per token. The address withdrew 1,417.77 ETH from Binance between Sept. 19 and Sept. 23, when the tokens were valued at about $3.78 million.

The address later deposited all of its ETH to an exchange at a stated price of $2,364.18 per token. The difference from the average purchase price implies an estimated loss of about $430,000.

The deposit does not confirm that a sale was completed, so the loss remains an estimate.