Ethereum Whale Nets $1.52M Profit

Mysterious Ethereum Whale Nets $1.52M in Unrealized Profits

• An Ethereum whale purchased 30,000 ETH for $75.39 million through an OTC deal.
• The average purchase price was $2,513 per ETH, now valued at $2,594.
• The current value of the ETH holdings is $76.91 million, resulting in a $1.52 million unrealized profit.
• Previously, the whale sold 30,000 ETH for $78.63 million, achieving a gain of $23.73 million in 25 days.
• ETH has surged by 42% over the past month and is currently priced at $2,567.

The Ethereum whale’s strategic purchase of 30,000 ETH resulted in an unrealized profit of $1.52 million as the price rose to $2,594 per token from an average acquisition cost of $2,513.