On-chain data tracking agencies have detected a notable large transfer: a whale address transferred 40,251 ETH to an exchange within the past 24 hours, worth approximately $124 million, including a transfer of 26,000 ETH (about $80.16 million) just an hour ago.



This address has a very hardcore background—accumulating 101,000 ETH five years ago at an average cost of $660. Today, with ETH's price soaring to nearly $4,000, the appreciation potential of this early position is self-evident.

More intriguingly, this address has transferred a total of 75,200 ETH to exchanges at an average price of about $3,383, with an unrealized profit of up to $204.9 million. This indicates that the whale is gradually cashing out profits, but hasn't fully cleared the position—currently still holding 26,000 ETH (about $80.16 million), seemingly waiting for further market movements.

The actions of such large holders often serve as a barometer of market sentiment, potentially signaling certain judgments about price trends.
ETH0,28%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
NFTregrettervip
· 18h ago
Why hasn't this whale completely dumped yet? I'm a bit panicked...
View OriginalReply0
fork_in_the_roadvip
· 18h ago
This whale is still cautious, not going all-in to escape, indicating confidence in the future market.
View OriginalReply0
ChainBrainvip
· 18h ago
Oh my god, this guy bought in at $660 five years ago and now he's almost at $4000. Truly a life winner. --- Still holding 26,000 coins after selling in batches? He must be confident it will rise further. --- Making a steady $200 million unrealized profit like this, I can't handle my heart. --- Wait, how does he know now is the best selling point? I feel like he's giving us a reverse indicator haha. --- This big player's trading style is steady, no all-in and no full clearance, which means he’s not even sure himself. --- Bought ETH at $660, and now he's taken such a big profit. If it were me, I would have sold everything long ago. This guy's mentality is really strong. --- On-chain data like this is too sensitive. As soon as it's released, someone follows suit and dumps, not knowing who will ultimately take the last buy-in.
View OriginalReply0
NotFinancialAdviservip
· 18h ago
Is this whale panic selling? Or just taking profits in batches... Holding onto 26,000 coins, does that mean you're still optimistic about the future? Bought ETH at $660, my goodness, that must have been a long time ago. Selling so quickly, did you sense some risk signals? $80 million in one hour, I’ll just observe silently. $200 million unrealized profit... moving the market even slightly makes it tremble, such power. Selling in batches is the right move, at least it shows some rationality. If even they are starting to cash out... we should be cautious. I'm stunned, this is the gap, winning passively for five years.
View OriginalReply0
IfIWereOnChainvip
· 18h ago
This whale is 666, with a five-year cost of $660... I need to reflect on myself.
View OriginalReply0
hodl_therapistvip
· 18h ago
This whale is really eating meat bite by bite; the full collapse is all due to caution.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)