This whale has impeccable timing, making money on both ETH and BTC.
$ETH is the big player: started building a position on March 11 and withdrew 80,157.67 coins at an average price of 2,078.89. At the current price of around 2,453, the unrealized profit is $30.79 million. Hasn’t sold a single coin and has held for over seven months without budging—clearly still bullish on what’s ahead.
$BTC is the smaller player: sold 75.03 WBTC/KBTC worth $6.2 million four hours ago. The average withdrawal price was 78,068.55, locking in a profit of $346,000. With the current price at 83,000, that’s only about a 5% gain. Didn’t add to the position—just took profits.
The big ETH position hasn’t moved an inch, while the smaller BTC position took profits at a good time. The conviction in ETH is clearly stronger. What’s really worth watching next is whether the ETH position moves.
$ETH is the big player: started building a position on March 11 and withdrew 80,157.67 coins at an average price of 2,078.89. At the current price of around 2,453, the unrealized profit is $30.79 million. Hasn’t sold a single coin and has held for over seven months without budging—clearly still bullish on what’s ahead.
$BTC is the smaller player: sold 75.03 WBTC/KBTC worth $6.2 million four hours ago. The average withdrawal price was 78,068.55, locking in a profit of $346,000. With the current price at 83,000, that’s only about a 5% gain. Didn’t add to the position—just took profits.
The big ETH position hasn’t moved an inch, while the smaller BTC position took profits at a good time. The conviction in ETH is clearly stronger. What’s really worth watching next is whether the ETH position moves.
