[BitPush] Interesting trading signals have arrived. A Large Investor holding Ethereum has been active in the last 20 minutes, selling 5,230 ETH all at once for about 15.75 million USD, averaging 3,013 USD per coin.
This guy is not a spur-of-the-moment decision. Over the past week, they have sold a total of 25,829 Ether, amounting to nearly 74.85 million dollars, with an average price of 2,898 dollars. From on-chain data, the cost price of this batch of coins was 2,545 dollars, which means that this week's operation has already realized a profit of 9.11 million dollars.
What is more noteworthy is that this address currently holds 24,700 Ether, worth approximately $7.448 million. This position structure suggests an expectation for the Ethereum market, but the pace of reducing holdings is quite steady—neither fully cutting positions nor continuing to increase them, appearing to gradually realize profits while maintaining exposure.
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NullWhisperer
· 10h ago
ngl the exit strategy here is actually pretty clean. structured profit-taking while keeping 24.7k on the table — that's not panic mode, that's someone who's calculated. technically speaking, the cost basis to current dump ratio tells you this isn't about market fear, it's about rebalancing portfolios. interesting edge case of whale behavior that doesn't scream capitulation
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OnlyOnMainnet
· 12-23 03:18
This Whale's operation is really amazing, making over 9 million in profit in a week, and the key is that it hasn't closed all positions yet... still confident about the market outlook.
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LiquiditySurfer
· 12-23 03:06
This wave of operations by the Whale is indeed stable, with a profit of 9.11 million cut out in a week and not all running away. I have to admit this pattern. It shows that they are optimistic about the subsequent market, just cashing out their chips.
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WalletManager
· 12-23 03:01
This rhythm... is so steady that it's a bit timid. 9.11 million USD in hand and still holding 24,700 coins? If you ask me, this guy is either afraid of missing out or really has insider information.
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MetaverseLandlord
· 12-23 02:52
This is a typical smart money operation, running while selling, keeping the chips to benefit from the subsequent rise; the rhythm is grasped very steadily.
Ethereum whale cashed out over 70 million in a week and still holds 24,700 coins.
[BitPush] Interesting trading signals have arrived. A Large Investor holding Ethereum has been active in the last 20 minutes, selling 5,230 ETH all at once for about 15.75 million USD, averaging 3,013 USD per coin.
This guy is not a spur-of-the-moment decision. Over the past week, they have sold a total of 25,829 Ether, amounting to nearly 74.85 million dollars, with an average price of 2,898 dollars. From on-chain data, the cost price of this batch of coins was 2,545 dollars, which means that this week's operation has already realized a profit of 9.11 million dollars.
What is more noteworthy is that this address currently holds 24,700 Ether, worth approximately $7.448 million. This position structure suggests an expectation for the Ethereum market, but the pace of reducing holdings is quite steady—neither fully cutting positions nor continuing to increase them, appearing to gradually realize profits while maintaining exposure.