Ethereum Whale Turns $40M Loss Into $26M Profit with Strategic Selling

A major Ethereum whale successfully turned a significant unrealized loss of $40 million into a substantial profit of $26 million in the recent market volatility. The whale executed this strategic move by selling 20,600 ETH during a price surge exceeding $4,500 per token. This action capitalized on the peak prices and minimized potential losses while maximizing gains. The strategy involved phased transfers to Binance deposit addresses, allowing for controlled execution risk management. This approach aligns with Ethereum’s historical pattern of cyclical rallies, highlighting how strategic exits can influence market dynamics.