ETH rebuilds warehouse from $449,000 loss a year ago

PANews September 28, According to Ai Weiwei's monitoring, the address casualpig.eth re-stocked ETH a year later and three hours ago offered 1754 pieces of ETH from Bybit worth $4.65 million; last bought at an hourly coin price of $4,751.74, with a band loss of $44.9 million. This dynamic provides clues about money movements on the chain but does not constitute market direction judgement.

1754 ETH raised from Bybit: one traceable address action

Monitoring records show that casualpig.eth uploaded 1,754 ETH worth $4.65 million from Bybit 3 hours ago. The exchange's upload usually means the asset leaves a centralized platform account, possibly entering self-hosted wallets, participating in contracts on the chain, performing transfer aggregation, or preparing for subsequent transactions. As only funds are recorded moving along the chain it is not possible to directly prove whether the address was long-term holdings or short-term bandwidth.

The increment of this information is that it puts together an identifiable ENS address, the movements of one exchange and a set of definite quantities. What the reader sees are not just how many people bought ETH but also 1,754 pieces of ETH, $4.65 million, Bybit and casualpig.eth as verifiable coordinates. They can be used as entrances to observe the behaviour of large holders' addresses, but cannot replace complete market data.

The last wave occurred on 08/10/2025. Following the ups and downs of inflation, it resulted in a loss of $449,000.

The article places the last ETH wave at 2025.08-10, and explains that this was a bull market peak. At that time, Address last bought it for $4,751.74, then raised it to $4,571.74 before falling back again to $4433.10, resulting in an estimated loss of $449,000.

This set of price coordinates demonstrates a common spot-band problem: if prices reverse after entering the emotional high, the difference between bid and offer increases loss pressure. The $449,000 is an expected outcome under monitoring margins that are not publicly traded and should not be understood to mean all holdings have been settled. For readers, the significance of old bands lies in reminding them that on-chain addresses will also bear results due to price fluctuations rather than providing new basis for transactions.

Follow-up: Observe the address path rather than amplifying a single signal

The next thing to watch is whether casualpig.eth continues to move ETH from Bybit, whether the 1,754 pieces of ETH are transferred to other contracts or wallets, whether it flows back into the exchange again, and if Ai Weibo keeps updating its follow-up behavior. If these pathways appear, verifiable facts will be added; without further changes, this proposal may also just be a simple movement of funds.

For the average reader, preserving facts such as September 28, casualpig.eth, ETH, Bybit, 1754, $4.65 million, $4,751.74, $4,433.10, and $449,000 is more valuable in the long run than a short-term move to chase an ENS address. The data on the chain can answer who did what, but why it matters still needs to be combined with more addresses, more time windows, and more complete funding paths for judgement.