Ethereum Whale Scores $9.5 Million Profit as ETFs See Heavy Inflows
A large Ethereum whale, known as 0x2684, has made significant profits by selling over 15,000 ETH, netting $9.5 million in realized gains.
The whale initially purchased 79,216 ETH for $140.77 million at an average price of $1,777 and 1,400 Wrapped Bitcoin (WBTC) for $89.44 million at an average price of $63,887.
In the past three days, 0x2684 sold 15,765 ETH for $36 million at an average price of $2,281 and 110 WBTC for $8.6 million at an average price of $78,235.
This transaction comes as Ethereum ETFs recorded $184 million in inflows on August 21, with BlackRock's ETHA leading the session with $150.83 million, representing 81.6% of total daily inflows.