An Ethereum whale makes a profit of $9.87 million as ETH breaks an 8-day winning streak

Ether risks a correction to $3,000 as its daily chart shows overbought signals similar to the setup that triggered the drop in May.

A prominent Ethereum whale secured a profit of nearly $10 million after offloading a significant portion of its Ether holdings ETH3190 €

. The profit-taking occurs as Ether ends its eight-day winning streak, after falling more than 3% on Tuesday.