Summary
- A long-term holding Ethereum whale has reportedly sold all of its 120,874 ETH holdings.
- According to an AmberCN analyst, the whale realized a profit of $131 million.
- This whale purchased Ethereum worth $199.1 million in September 2022 and held it for about two and a half years.
Since September 2022, a whale that held a large amount of Ethereum (ETH) long-term has sold all of its holdings.
On the 13th (local time), an AmberCN crypto asset analyst announced on X (formerly Twitter) that "a whale that held 120,874 ETH long-term has sold all its holdings." He realized a profit of $131 million through six installments of sales from May 2023 to 2024.
The whale purchased Ethereum worth a total of $199.1 million at an average price of $1,647 in September 2022 and held it for about two and a half years.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
