Held Through the $4K Peak, Sold at the Dip — Whale Exits with ‘Only’ $2.75M Profit

After holding 10,000 $ETH for over 900 days, a whale finally capitulated today, offloading the entire stash for $15.71M.

This whale originally accumulated the ETH for $12.95M at an average price of $1,295 back in October and November 2022.

What’s ironic?

Despite holding through #Ethereum ’s massive rally past $4,000, the whale didn’t sell then — when the unrealized profit peaked at $27.6M. Instead, they exited today with a modest $2.75M profit.

Sure, profit is profit, but the timing? That’s gotta sting a bit.

Address: 0x3112befCC5a0df1C3B2c3Da7033E3A0e97c6D938

What do you think — smart risk management or emotional sell-off?