Whale Sells 52,000 ETH for $24.49M Profit in 2.5 Months

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The ETH price moved sharply after a major whale completed a large, analysis-driven trade. On October 14, the whale sold the final 10,000 ETH via Galaxy Digital’s OTC desk, valued at approximately $25 million. The address had purchased 52,000 ETH at $2,161 between July and September, and sold them at $2,632 starting in late September, generating a total profit of $24.49 million over 2.5 months.

ChainThink reports that on October 14, according to EmberCN monitoring, a large whale or institution that traded ETH through Galaxy Digital OTC sold its final 10,000 ETH, worth approximately $25 million, completing its full liquidation.

On-chain data shows that the address purchased 52,000 ETH at an average price of $2,161 between July and September, and has since gradually sold them at an average price of $2,632 since late September, accumulating a profit of approximately $24.49 million over two and a half months.

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