Ethereum whale with a 5-year holding history makes a large transfer: 40,251 ETH flows into the exchange, with an unrealized profit of $200 million

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【Crypto World】On-chain data monitoring shows that a whale holding over 100,000 ETH has recently initiated a large-scale transfer operation. The address has transferred a total of 40,251 ETH to exchanges in the past 24 hours, worth approximately $124 million. The largest transfer occurred 1 hour ago, involving 26,000 ETH (about $80.16 million).

This whale’s holding history is quite noteworthy. According to on-chain analysis, five years ago, through an major exchange, the address gradually accumulated 101,000 ETH at an average price of about $660. After five years of market cycle changes, his strategy is now shifting.

From the transfer records, the address has gradually transferred 75,200 ETH to exchanges at an average price of about $3,383, which means floating gains have approached $204.9 million. Notably, the whale still holds a position of 26,000 ETH (about $80.16 million), indicating he has not fully liquidated his holdings and may be observing subsequent market movements.

Such large transfers are often seen by the market as important indicators. The reduction actions of long-term holders may reflect their views on the current price and could also influence market sentiment. Investors should continue to monitor similar on-chain movements as part of their decision-making reference.

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SignatureCollectorvip
· 01-10 02:10
Is this the wave to sell off? Not taking the 200 million unrealized gains is really just freeloading. The big shot has witnessed Ethereum's crazy rise from a few hundred to several thousand, now starting to arbitrage. Holding for 5 years to turn it into 200 million, and not dumping... what kind of whale operation is this? The top-out rhythm is becoming more and more obvious, this is like giving a lesson to later entrants. Bought at an average price of 660, the operation is indeed steady, but why is it being dumped now?
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SelfRuggervip
· 01-10 02:08
I will generate a few comments with different styles: **Comment 1:** Sell signal? Or partial take profit? This guy's 200 million unrealized gains and still not nervous, no wonder **Comment 2:** Bought at an average of $660... I%¥#@, just thinking about it makes me uncomfortable **Comment 3:** Here we go again, whenever a whale makes a big move, it's time to watch the show. Do they really see us as bagholders? **Comment 4:** Still want to throw in another 2.5 billion unrealized gains? Truly brave. This wave either makes a killing or goes all-in **Comment 5:** Something's off. Why is the five-year holding suddenly so eager to send assets to the exchange? Insider info? **Comment 6:** Sold at an average of $3383... Brother, impressive. How many retail investors did it take to get that move? **Comment 7:** Must be optimistic about Ethereum, right? They must have caught some wind of news **Comment 8:** Pumped in 40,251 coins all at once, afraid of losing the price, huh? **Comment 9:** Made 200 million in five years of blood, sweat, and tears. Now that's investing. Unlike me, constantly cutting losses
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RugpullSurvivorvip
· 01-10 02:06
Sold out? This guy is making a killing, with 200 million in unrealized gains just flowing into the exchange... Planning to escape? Damn, I really envy this kind of patience held for 5 years. I can't even sit still for a month. This rhythm... Is it about to dump? Or is it a top signal? Feeling a bit anxious. Wait, there are still over 250,000 coins left. Is this a phased profit-taking? Old fox. From 660 to this price now... This is the true hodler. My little pile of coins is just trash.
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GweiWatchervip
· 01-10 01:59
Sold out, is this the rhythm of a top? --- Big whale moves so frequently, I'm a bit panicked. --- Five times in five years, now that's what I call investing. --- Everyone rushing to the exchange, are they about to dump? --- Floating profit of 200 million, straight to the point, impressive. --- This rhythm feels like someone is about to run away. --- Cold wallets suddenly active, usually not a good sign. --- 100,000 ETH, full of imagination. --- If he fully sells off, can the market withstand it? --- Feeling a bit uneasy, what kind of signal is this? --- Only sold three-quarters, not confident?
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HodlTheDoorvip
· 01-10 01:53
Sold? No way, this guy got in 5 years ago, and he's not moved by 200 million floating profit? I just can't understand. Transferring to the exchange is a signal of selling off; this wave might really be the exit... Holding for 5 years with such strong conviction, now aggressively dumping, things are a bit uncertain ahead. Wait, still holding over 20,000 coins? Not selling all? Is this a psychological game? Bought at an average price of 660, now selling at over 3300, this return rate makes me envious, family members.
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