A large cryptocurrency investor has generated a significant profit of $51.7 million after converting their remaining Ethereum holdings (ETH) into Tether (USDT). The entity, known for its significant trading history, recently sold approximately 10,425 ETH worth of ETH over the past 13 hours in exchange for roughly 49.737 million USDT. This follows a pattern of investing and holding ETH since July before selling it to capitalize on recent market trends. The investor initially invested $98.33 million in ETH through ten different addresses in June, transferring this capital into TRX and then converting to ETH at a price point of $2,950, eventually reaching a 150 million USDT conversion value today.