ETH Whale Sells 3,943 ETH for $10.7M, Nets $106K Profit
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February 11, 2025 5:17 PM
In Brief:
A whale sold 3,943 ETH in the last 40 minutes, worth $10.7 million.
Profit from the trade: $106K, with ETH bought four days ago at $2,674 and sold at $2,714.
According to on-chain analyst Ai Yi, a large ETH whale has offloaded 3,943 ETH after holding for just four days, securing a quick $106K profit. Despite the sale, the whale still holds 25,771 ETH ($70M) and is short 600 WBTC, indicating a bet on ETH/BTC outperformance.
With whale activity heating up, will ETH see more volatility ahead?
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