ETH Whale Sells Significant Portion of Holdings, Generating $4.7 Million Profit

A long-term Ethereum investor, or ‘whale’, has recently sold a substantial portion of their holdings, withdrawing approximately 1,962 ETH worth over $9.38 million from the platform. This notable sale highlights the lucrative gains that early investors have been realizing with sustained Ethereum ownership. As Ethereum continues its upward trajectory in market value and adoption, the whale’s profit is estimated to be around $4.7 million. 11 years of holding prior to this move serves as a testament to the enduring faith in the crypto market by savvy investors.