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Ethereum

Massive Ethereum Whale Exits With $24.5 Million Profit

Image: U.Today

One massive Ethereum (ETH) whale has just sold off all their positions, earning a massive $24.5 million profit after dumping over 52,000 ETH coins, according to blockchain analytics platform Lookonchain. One massive whale, a major over-the-counter (OTC) investor, just dumped the remaining ETH positions. Altogether, they've sold 9,996 ETH ($25 million approx.) from the wallet address 0x8c58. This is the final in a line of large selloffs since this massive whale has been unwinding the entire 52,001 ETH position.

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