Ethereum whale sells ETH after 900 days, missing $27M possible peak profit
The Donald Trump-backed crypto project, World Liberty Financial, may have also sold some of its Ether stash but at a loss.
An Ether whale who had held 10,000 Ether for the last 900 days has sold their entire stash and missed out on a peak profit of $27.6 million when the cryptocurrency was worth over $4,000.
The whale initially bought a total of 10,000 Ether (ETH) across two transactions in October and November 2022 for $13 million at the time for an average price of $1,295 per token, blockchain analytics service Lookonchain said in an April 8 X post.
He didnt sell when Ether broke through $4,000. But today, he exited with a $2.75 million profit. The profit at the peak was $27.6 million, Lookonchain said.
The post Ethereum whale sells ETH after 900 days, missing $27M possible peak profit first appeared on CurrencyCrypt.
Read more: https://currencycrypt.net/ethereum-whale-sells-eth-after-900-days-missing-27m-possible-peak-profit/
Text source: CurrencyCrypt
