🥱An Ethereum whale let go of $27 million in profits

A large holder of Ethereum sold 10,000 ETH at an average price of ~$1578 after holding them for 900 days. The transaction generated a profit of $2.75 million, although at its peak this could have been $27.6 million.

The coins were acquired in October and November 2022 at an average price of $1295. The maximum possible return was 213%, with a potential value of $40.5 million compared to the ~$12.9 million invested.

The holder did not sell when ETH surpassed $4000, but decided to exit now, with a minimal profit.