A large investor who has been going long on ETH through circular loans has been very active recently. In just 20 minutes, they sold 5230 ETH, amounting to a staggering $15.75 million at the market price of $3013 at that time.



Looking at the timeline in detail, this wallet's activity over the past 7 days has been astonishing—accumulating sales of 25,829 ETH, worth a total of $74.85 million, with an average transaction price of $2,898. Considering that their holding cost was only $2,545, this round of reduction has already locked in a profit of $9.11 million.

As of now, this whale still holds 24,700 ETH in their wallet, valued at approximately $7.448 million at the latest price. It seems they do not intend to fully liquidate, but are selectively taking profits at high market levels.
ETH-1.48%
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Degen4Breakfastvip
· 19h ago
This whale is too good at picking the right timing, it's almost being highlighted by my diamond hand to look like paper hands...
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probably_nothing_anonvip
· 12-23 07:17
Damn, this guy is really ruthless, cutting down 74.85 million in 7 days, and leaving so many chips, what's he trying to do? It's like he's making a fortune.
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YieldChaservip
· 12-23 03:08
This guy is really ruthless, he made 74.85 million in just 7 days, and still has 24,700 coins left to continue gambling... why do I feel like someone is hinting at something?
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MidnightTradervip
· 12-23 03:05
It's the same old trap again, cutting positions at a high, leaving some chips, and pretending everything's fine. 9.11 million in profits in hand, I've soaked my shorts.
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TheShibaWhisperervip
· 12-23 03:05
This guy really knows how to pick his moments, making 9.11 million while still acting calm. I just want to know when he will continue to sell.
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FarmToRichesvip
· 12-23 03:03
This guy really knows how to play, hoarding coins at low positions and slowly selling at high positions, and he still has so many left... If I had this kind of courage, I would have already laid flat.
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GasFeeAssassinvip
· 12-23 02:57
This guy is really a master of timing, being able to cut losses and still make a profit of 9.11 million... I'm wondering how it can be so smooth.
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JustAnotherWalletvip
· 12-23 02:45
This operation by my buddy is truly textbook level, knowing when to run.
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