Crypto

ETH Whale Unloads 10k Tokens for $3.7M Gain Amid Price Resistance

Guavy AI Editorial Team Published August 22, 2026

Instruments

ETH USDC

A large Ethereum holder, known as 'Whale' 0x4cee611502f378300981807d506629DA35cee4a7, has made a significant profit by selling a portion of their ETH stake.

The whale purchased 10,501 ETH at $1,904 per token approximately one month ago, using 20 million USDC. This week, they sold the tokens at an average price of $2,257 each, converting back to 23.7 million USDC in the process.

The total profit from this transaction amounts to $3.7 million, marking a substantial gain for the whale.

The Wire

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