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5 years ago, the average price was $660, accumulating 100,000 ETH. The whale just liquidated 26,000 ETH, cashing out $80 million.
【Chain News】On-chain data has just revealed a major scoop. The movement of a whale was just detected—this guy has been bullish on Ethereum for 5 years. When the average price was $660, he accumulated 101,000 ETH and held it for 5 years. Recently, this individual suddenly started to act. Four hours ago, he transferred the remaining 26,000 ETH (worth $80.88 million) all at once to a major exchange, announcing his complete exit.
Let’s do the math: from an average purchase price of $660 to a liquidation at an average of $3,313, this wave of trading directly earned $269 million, a fourfold increase. Holding such a position for so long and still maintaining confidence, or having such patience, most retail investors simply can’t learn. The current question is: is he truly bearish on the market, or is he just taking profits? The market movement has given everyone a new point of observation.