Ethereum Whale Unloads 30,825 ETH for Record Profit

A massive Ethereum holder has made significant profits from its long-held position in Ether (ETH), moving 30,825 ETH worth $83.03 million to Bitfinex over the past week.

This latest transaction brings the entity's cumulative realized profit to a substantial $72.83 million, with the total Ether transferred to Bitfinex valued at approximately $300 million over the same period.

The activity marks continued profit-taking from a long-held Ethereum position, representing about 27.5% of the entity's weekly exchange-bound movement.