๐จ 2023 $ETH GIANT COMPLETES $345M ON-CHAIN LIQUIDATION AS WALLET EMPTIES ๐ฆ
A major institutional entity that accumulated 130,591 $ETH throughout 2023 has officially completed its exit sequence. ๐ Over the past week, the address offloaded 128,972 $ETH into trading platforms at an average execution price of $2,680, capped by a final transfer of 16,919 $ETH valued at $45.85 million.
This systematic supply distribution absorbed nearly $345 million in market depth, locking in approximately $84.31 million in net realized profit. ๐ With the entity's on-chain balance now fully emptied, local order flow has absorbed massive seller overhang, redefining the immediate market structure. ๐ก
๐ฌ Do you see this complete whale exit as a temporary top or the final distribution cleared for structural continuation? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #ETH #Ethereum #WhaleAlert #SmartMoney
๐ฆ ๐๏ธ
A major institutional entity that accumulated 130,591 $ETH throughout 2023 has officially completed its exit sequence. ๐ Over the past week, the address offloaded 128,972 $ETH into trading platforms at an average execution price of $2,680, capped by a final transfer of 16,919 $ETH valued at $45.85 million.
This systematic supply distribution absorbed nearly $345 million in market depth, locking in approximately $84.31 million in net realized profit. ๐ With the entity's on-chain balance now fully emptied, local order flow has absorbed massive seller overhang, redefining the immediate market structure. ๐ก
๐ฌ Do you see this complete whale exit as a temporary top or the final distribution cleared for structural continuation? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #ETH #Ethereum #WhaleAlert #SmartMoney
๐ฆ ๐๏ธ