According to ChainCatcher, as monitored by on-chain analyst Yujin, a whale who had held 101,000 ETH for five years at an average cost of $660 per ETH, transferred his last 26,000 ETH (worth $80.88 million) into the Bitstamp exchange four hours ago, completing a full liquidation. Having accumulated 101,000 ETH five years ago at an average price of $660, and recently selling it all at an average price of $3,313, the whale realized a profit of $269 million (a 4x return).
Whale Sells Final 26,000 ETH on Bitstamp, Realizes $269M Profit
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Summary
A whale who had held 101,000 ETH for five years at an average cost of $660 per ETH has sold the final 26,000 ETH on Bitstamp. The ETH price at the time of the sale averaged $3,313 per ETH, with the total transaction value reaching $8.088 million. This full liquidation generated a $269 million profit, representing a 4x return on investment. The move adds to the ongoing analysis of ETH regarding large holder activity and price trends.
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