Ethereum Whale Sells 15,765 ETH for $9.5M as ETF Inflows Soar to $184M
Ethereum's price is holding steady near its daily high as a whale takes profits. Whale 0x2684 sold 15,765 ETH for $9.5 million after initially buying 79,216 ETH for $140.77 million at an average price of $1,777.
The Ethereum whale also purchased 1,400 WBTC for $89.44 million at an average price of $63,887 and sold some of those positions as well, generating a total realized profit of $9.5 million.
Merlijn The Trader analyzed the current selling activity and compared it to earlier Ethereum market cycles, warning that retail sellers could miss another major price surge.