A whale liquidated its entire ETH holdings, which it had held for three years, resulting in a total profit of $4.245 million.
AI Summary1 min read
TL;DR
A crypto whale sold its entire ETH holdings after 3 years, making a $4.245 million profit. The investor bought 2,962.89 ETH at $1,500 each and liquidated the position in batches over two weeks.
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EthereumSmart ContractsLayer 1crypto whaleETH liquidationprofitblockchaininvestment
According to Mars Finance, on-chain analyst Ai Yi (@ai9684xtpa) monitored that a crypto investor bought 2,962.89 ETH at an average price of $1,500 during the bear market, for a total investment of $4.446 million. The investor transferred the assets to address 0x828...59D8b and held them for two years until two weeks ago when they began selling in batches. Ten hours ago, the investor sold the last 2,040 ETH, almost liquidating their position, and made a total profit of $4.245 million after holding the position for 1,127 days.