Crypto
Ethereum Whale Exits $9.35M Position with Estimated $1.68M Profit
An Ethereum (ETH) whale has exited its position after realizing an estimated $1.68M profit, according to blockchain tracking data.
The address 0x054058F91d1a57f8e1792D28f22D0f81aCBf9b40 had opened a large ETH position in late February with 935 million dollars worth of the asset.
This whale has now closed out its trade, selling its final 3619 ETH at an average price of $2290, resulting in an 18% return on investment.
The address had previously withdrawn 4819.11 ETH from OKX exchange five months ago, and also sold 1200 ETH at a loss one month ago.