Another great whale of ETH is finally cashing out. A major investor who built a position of approximately 9.35M $ETH in February seems to have closed the deal and withdrawn with an estimated profit of 1.68M.
The wallet originally withdrew 4,819.11 ETH from OKX at an average price of 1,941.28 about five months ago. Then, a month ago, it sold 1,200 #ETH at a loss.
Now, the remaining 3,619 ETH have been moved to an exchange, with a final average sale price of around 2,290. In total, the trade amounts to a return of approximately 18%. Not a bad way to close a five-month ETH position.
The wallet originally withdrew 4,819.11 ETH from OKX at an average price of 1,941.28 about five months ago. Then, a month ago, it sold 1,200 #ETH at a loss.
Now, the remaining 3,619 ETH have been moved to an exchange, with a final average sale price of around 2,290. In total, the trade amounts to a return of approximately 18%. Not a bad way to close a five-month ETH position.
