A Whale Suspected of Liquidating 8711.3 ETH, Profits Exceeding $5.2 Million

BlockBeats News, September 18th. According to on-chain analyst AI Sister @ai_9684xtpa, the whale address that had re-accumulated ETH after two years appears to have liquidated its holdings, potentially realizing a profit of $5.23 million upon selling.

Between July 28th and September 14th, the whale accumulated a total of 8711.3 ETH at an average price of $3876 (around $33.76 million). The ETH was sold in two separate transactions, with the most recent one occurring just 2 hours ago when 5000 ETH was sent to an exchange. The final holding period was less than three months, resulting in a return on investment of 15.5%.