Ethereum Whale Nets $470K Profit After String of Losses

In Brief:

Whale redbase.eth sold 3,998 ETH, earning $470K profit from trades made between March 14–24.

Despite this gain, the whale remains down $1.07M in ETH swing trades this month.

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According to data from Ai Yi, prominent Ethereum swing trader redbase.eth has made their first profitable trade this March, selling 3,998 ETH within the past 9 hours. The tokens were purchased between March 14 and 24 at an average cost of $1,893, resulting in a $470,000 profit.

However, the win doesn’t fully offset earlier losses — redbase.eth has still recorded a cumulative loss of $1.069 million in ETH trades since March 9.

This activity highlights the volatile and unforgiving nature of high-stakes crypto swing trading, even for seasoned whales.

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