According to PANews, a significant Ethereum holder has decided to liquidate their assets after holding them for more than 900 days. The whale sold all 10,000 ETH, valued at $15.71 million, today.
The investor initially acquired the Ethereum holdings on October 4 and November 14, 2022, at an average price of $1,295 per ETH, totaling $12.95 million. Despite Ethereum's price surpassing $4,000, the whale did not sell at that peak. Today, the decision to exit resulted in a profit of $2.75 million, although selling at the peak could have yielded a profit of $27.6 million.