Ethereum whale completely sold $ETH after holding for 3 years, bringing in massive profits

Total profit for the whale is 130 million USD

The buying and selling process occurred as follows:

In September 2022, the whale withdrew 120,874 ETH from the Kraken exchange to hold, at that time ETH was priced at 1,645 USD/$ETH → Total value approximately 199 million USD.

From May 2024 to now, they have split this ETH and sold it 6 times on Kraken, with an average selling price of 2,732 USD/ETH.

Recently, they sold the remaining 30,874 $ETH , valued at approximately 77.7 million USD, completing the total profit-taking.